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2019 (10) TMI 1381

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..... P shall not continue as the RP. Accordingly, an MA No. 2021 of 2019 was filed before this Bench for substitution of the RP. This Bench by order dated 03.07.2019 in the said MA appointed Mr. Ramesh Bhosale as the Resolution Professional of the Corporate Debtor - The CoC in its meeting dated 05.08.2019 approved publication of Form G for inviting EoI from prospective Resolution Applicants (PRAs) unde .....

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..... Order - Application allowed. - MA 3046/2019 in C.P. (IB)-3234/(MB)/2019 - - - Dated:- 10-10-2019 - M. K. Shrawat, Member (J) And Chandra Bhan Singh, Member (T) For the Appellant : Party-in-Person ORDER Chandra Bhan Singh, Member (T) 1. This is an Application submitted on 09.09.2019 U/s. 33 of the Insolvency Bankruptcy Code, 2016 (hereinafter referred to as I B Code ) by Mr .....

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..... e CIRP of the Corporate Debtor. 3. After Admission of the Petition/Application, in the meeting of the Committee of Creditors held on 09.05.2019, it was resolved that the IRP shall not continue as the RP. Accordingly, an MA No. 2021 of 2019 was filed before this Bench for substitution of the RP. This Bench by order dated 03.07.2019 in the said MA appointed Mr. Ramesh Bhosale as the Resolution Pr .....

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..... m any PRA till date. The CoC thus decided not to take any extension of CIRP period beyond 180 days and the relevant application under section 33 of the I B Code for liquidation of the Corporate Debtor be moved. The 180 days' period of CIRP was getting over on 09.09.2019. 7. Hence, the present Application has been filed by the RP under section 33(1)(a) of the I B Code, seeking liquidation of .....

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..... ith which the Corporate Debtor is Registered. 10. The Liquidator is at liberty to seek any directions, if need be, from this Bench during the Liquidation Process. 11. The Liquidator is hereby Authorized to represent the Corporate Debtor before the Government Authorities, if need be. 12. Ordered Accordingly. Application for U/s. 33(1) (a) is Allowed. - - TaxTMI - TMITax - Insolvency .....

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