9911796707
TMI Blog2022 (1) TMI 212X X X X Extracts X X X X X X X X Extracts X X X X ..... under section 54(2) of the I.B. Code order the dissolution of the Corporate Debtor viz., M/s. Shree Santosh Cotton Spin Private Limited. Application allowed. - IA No. 850/AHM/2021 in C.P. (I.B.) No. 564/NCLT/AHM/2019 - - - Dated:- 21-12-2021 - Dr. Deepti Mukesh, Member (J) And Kaushalendra Kumar Singh, Member (T) For the Appellant : Kuldeep K. Adesara, Adv ORDER Dr. Deepti Mu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ivate Limited. Vide order dated 10.10.2019, CP (IB) No. 564 of 2019 was admitted by this Adjudicating Authority and Mr. Bhupendra Singh Narayan Singh Rajput was appointed as an Interim Resolution Professional (hereinafter referred to as IRP ). b) In the 1st meeting of the committee of creditors (for the brevity of 'CoC') unanimously resolved that Mr. Bhupendra Singh Narayan Singh Raj ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ecessary public announcements in the leading newspaper, inter alia, inviting proof of claims from all stakeholders and Creditors of the Corporate Debtor. f) The Liquidator filed an application seeking for extension of the liquidation process which was allowed vide order dated 27.09.2021 and extended the liquidation period for a further two months time is granted to the liquidator to distribut ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uidation, Cost is ₹ 17.04 lakhs. i) Having satisfied to the full extent that no further assets to be utilized and or disposed of, for recovery of dues of the Stakeholders, no further proceedings would remain in the Liquidation Process of the Corporate Debtor, the liquidator conducted the final meeting of the Stakeholders Consultation Committee on 24.11.2021 wherein the Stakeholders Cons ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... this order within 7 days from the date of this order to the ROC, Gujarat along with all the books and files of the Corporate Debtor i.e. M/s. Shree Santosh Cotton Spin Private Limited. 6. A copy of this order shall also be forwarded to the IBBI and concerned parties for their record. 7. Application is allowed in terms of the above order and stands disposed of. - - TaxTMI - TMITax - Ins ..... X X X X Extracts X X X X X X X X Extracts X X X X
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