2019 (5) TMI 1911 - Tri - Insolvency and Bankruptcy

Replacement of Liquidator - Mr. Ardhendu Shekhar Raut is unable to continue as Liquidator due to pre-occupation for other works and various other reasons - HELD THAT - Mr. Ardhendu Shekhar Raut is relieved from his duties as Liquidator. Instead, Mr. Bimal Kanti Choudhury (Mob.No.9831522717) having registration no. IBBI-IPA-001/IP-P01028/2017-18/11682, email no.bimalkantichoudhury @ gmail.com is appointed as the Liquidator from the Panel of Insolvency Professionals recommended for appointment as IRP and Liquidator approved by the IBBI. Let the certified copy of the order be issued upon compliance with requisite formalities

Summary

The Corporate Debtor is liquidated, and Mr. Ardhendu Shekhar Raut is appointed as the Liquidator. However, due to various reasons, Mr. Raut is relieved from his duties, and Mr. Bimal Kanti Choudhury is appointed as the new Liquidator. The order stands modified as per Rule 154(2) of the NCLT Rules. The registry is directed to communicate the order to relevant parties, and a certified copy will be issued upon compliance.