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TMI Blog2021 (11) TMI 605X X X X Extracts X X X X X X X X Extracts X X X X ..... he Corporate Debtor. The Corporate Debtor is ordered to be liquidated in terms of section 33(2) of the Code read with sub-section (1) thereof - Application allowed. - IA (IB) No. 68/KB/2021 in CP (IB) No. 90/KB/2018 - - - Dated:- 8-10-2021 - Rajasekhar V.K., Member (J) And Harish Chander Suri, Member (T) For the Appellant : Vikash Singh, Advocate For the Resolution Professinoal : Shyamal Kumar Bhattacharjee ORDER Rajasekhar V.K., Member (J) 1. This court convened via video conferencing. 2. This is an application filed by the Resolution Professional upon the instructions of the Committee of Creditors (CoC) seeking liquidation of the Corporate Debtor, viz., V.R. Infralogistics Private Limited [CIN: U63010WB2010 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Form G was done on 13.01.2020 in Financial Express (English) and Sukhobar (Bengali) Kolkata edition newspapers. The last date of submission of EOI was 28.01.2020. It is further submitted that there was no response to the invitation of the EoI. 7. Hence, in the 8th CoC meeting held on 16.10.2020, the CoC decided that since no resolution plan was available with the CoC for discussion, it was resolved that the RP would file an application under section 33(1) before the Adjudicating Authority for liquidation of the Corporate Debtor. 8. That the CoC has passed resolution by 100% voting shares that the Corporate Debtor be liquidated under the provisions of section 33(2) of the Code. 9. The Applicant/Resolution Professional, Mr. Shyamal K ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ode read with sub-section (1) thereof; b. Mr. Shyamal Kumar Bhattacharjee [Reg. No. IBBI/IPA-003/IP-N00092/2017-18/10892], is hereby appointed as Liquidator is hereby appointed as Liquidator as provided under section 34(1) of the Code. c. The Liquidator shall initiate liquidation process as envisaged under Chapter-III of the Code and the Insolvency Bankruptcy Board of India (Liquidation Process) Regulations, 2016. d. Public Notice shall be issued in the same newspapers in which advertisements were issued earlier, i.e., Financial Express (English) and Sukhobar (Bengali) of Kolkata Edition, stating that the Corporate Debtor is in liquidation. e. All the powers of the Board of Directors, and of key managerial persons, sha ..... X X X X Extracts X X X X X X X X Extracts X X X X
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