2019 (11) TMI 841

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....Bhaskara Pantula Mohan, Member (Judicial) And Shri Shyam Babu Gautam, Member (Technical) For The Applicant : Ms. Rohini Menon a/w. Mr. Kunal Mehta, Advocates ORDER Per Shri Bhaskara Pantula Mohan, Member (Judicial) 1. The Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor by an order dated 15.01.2019 of this Adjudicating Authority on a Section 7 P....

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....orandum was prepared as provided under Regulation 36(1) of the said regulation. It is further submitted that an advertisement was issued, inviting Expression of Interest in Form G in "Tarun Bharat" and "Free Press Journal" on 15.04.2019, fixing 29.04.2019 as last date for submission of Expression of Interest by the Prospective Resolution Applicants. 4. The Resolution Professional submits that n....

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....uation report filed by the valuer has not been disputed by the CoC, on verification, we are of the view that this case is fit to pass liquidation orderunder sub-section 1 of section 33 of the Code asno resolution plan has been approved by the Adjudicating Authorityand accordingly, this Bench orders; a. that the Corporate Debtor to be liquidated in the manner as laid down in the Chapter by....

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....h the Liquidator. d. that the personnel of the Corporate Debtor are directed to extend all co-operation to the Liquidator as required by him in managing the liquidation process of the Corporate Debtor. e. that the liquidator will charge fees for conduct of the liquidation proceedings in proportion to the value of the liquidation estate assets as specified by the IBBI and the same....