2020 (8) TMI 914 - Tri - Insolvency and Bankruptcy

Appointment of Provisional Liquidator - Section 271 (a) and 272 (1) (a) of the Companies Act, 2013 - HELD THAT - The name of Mr. Suresh Chandra Pattanayak having IP Registration No. IBBI/IPA-002/IP-N00759/2018- 2019/12384 was proposed. The Tribunal hereby appoints Mr. Suresh Chandra Pattanayak, Insolvency Professional as Provisional Liquidator in the matter under this order and the relevant law. The Provisional Liquidator shall be paid Rs.100,000/- lump sum for his services.

Summary

The National Company Law Tribunal, Cuttack appointed Mr. Suresh Chandra Pattanayak as Provisional Liquidator in a case filed under Sections 271(a) and 272(1)(a) of the Companies Act, 2013. Mr. Pattanayak will be paid Rs.100,000/- for his services and must file a necessary declaration with the Registry within 7 days.