9911796707
TMI Blog2019 (11) TMI 442X X X X Extracts X X X X X X X X Extracts X X X X ..... i ORDER 1). This application is filed by the Resolution Professional, with following prayers: I. To pass an order under section 33(1), 33(2) of the IBC for liquidation of the Corporate Debtor and under section 34(1) of the IBC for appointment of liquidator. II. To issue a Public Announcement stating that the Corporate Debtor is in Liquidation. III. To direct the applicant to intimate the o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... CIRP by appointing IRP. The Corporate Applicant showed Indian Bank' as 'Financial Creditor'. The Financial Creditor has assigned its debts to CFM Asset Reconstruction Pvt. Ltd. on 22.12.2017. 3). It is stated that CoC in its 3rd meeting held on 20.06.2018, with 100% majority resolved to close the process of CIRP and instructed the RP to file application for initiation of liquidation b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nutes of the CoC meeting held on 20.06.2018 at Item No. 3 at Page 66 annexed with IA 172 of 2019 in CP(IB) No. 137 of 2017. 5). On perusal of the records, it is found that CIRP has closed on 19.06.2018. The instant application is filed on 02.01.2019. Considering all the above said facts and the documents annexed with the application, this Adjudicating Authority is of the considered view to pass a ..... X X X X Extracts X X X X X X X X Extracts X X X X
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