2019 (12) TMI 130

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....t. ORDER 1. It is an MA filed u/s 33(2) of the Insolvency & Bankruptcy Code, 2016 ("the Code") by the Resolution Professional of M/s. Orchid Health Care Private Limited (Corporate Debtor) seeking liquidation basing on the resolution passed by the CoC on its 3rd Meeting held on 19.06.2019. 2. On perusal of the Company Petition, it is evident that this case was admitted on 27.03.2019. Thereafter....

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....quidated in the manner as laid down in the Chapter by issuing a public notice stating that the Corporate Debtor is in liquidation with a direction to the liquidator to send this order to ROC with which this company has been registered. (b) The Resolution professional viz Mr. Ramakrishnan Sadasivan is hereby appointed to act as Liquidator for the purpose of liquidation of the corporate debtor, th....

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....dation order has been passed, no suit or other legal proceedings shall be instituted by or against the Corporate debtor without prior approval of this Adjudicating Authority save and except as mentioned in sub-section 6 of section 33 of the Code. (d) This liquidation order shall be deemed to be notice of discharge to the officers, employees and workmen of the Corporate Debtor except to extent of....