The case pertains to an Interlocutory Application filed by the Resolution Professional, Mr. Kshitiz Gupta, for initiating the Liquidation Process of the Corporate Debtor, Viztar International Private Limited.
The Corporate Insolvency Resolution Process (CIRP) of Viztar International Private Limited was initiated on 20.02.2025.
Mr. Indrajit Mukherjee was appointed as the Interim Resolution Professional (IRP).
The total admitted liabilities of the Corporate Debtor were approximately Rs 7.87 Crores.
The Committee of Creditors (CoC) comprised a single Financial Creditor, Mr. Sahil Deepak Surve, holding 100% voting share.
Multiple attempts were made to invite resolution plans by publishing Form-G in newspapers.
No resolution plan was received despite extending the deadline.
The CoC decided to initiate liquidation proceedings as per Section 33(2) of the Insolvency and Bankruptcy Code, 2016.
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Corporate Ins…
Mr. Indrajit Mukherjee…
The case pertains to an Interlocutory Application filed by the Resolution Professional, Mr. Kshitiz Gupta, for initiating the Liquidation Process of the Corporate Debtor, Viztar International Private Limited.
The Corporate Insolvency Resolution Process (CIRP) of Viztar International Private Limited was initiated on 20.02.2025.
Mr. Indrajit Mukherjee was appointed as the Interim Resolution Professional (IRP).
The total admitted liabilities of the Corporate Debtor were approximately Rs 7.87 Crores.
The Committee of Creditors (CoC) comprised a single Financial Creditor, Mr. Sahil Deepak Surve, holding 100% voting share.
Multiple attempts were made to invite resolution plans by publishing Form-G in newspapers.
No resolution plan was received despite extending the deadline.
The CoC decided to initiate liquidation proceedings as per Section 33(2) of the Insolvency and Bankruptcy Code, 2016.
…Corporate Ins…
Mr. Indrajit Mukherjee…