2019 (10) TMI 1308

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.... Kumar Gupta, Member (T) ORDER 1. SK Construction - the Operational Creditor filed this Petition under section 9 of the Insolvency & Bankruptcy Code, 2016 (in short, I&B Code) against Kohinoor Power Private Limited - Corporate Debtor to start Corporate Insolvency Resolution Process (in short, "CIRP") of the Corporate Debtor, as the Corporate Debtor allegedly committed default in paying the o....

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.... 30th January, 2019 and the 270 days expired on 29th April, 2019. This Tribunal further permitted a 44 days exclusion of time and the CIRP period completion time was 12th June, 2019. 4. It is seen from the record that there was only one Resolution Applicant - names Srei Multi Asset Investment Trust Vision India Fund (SMAITVIF) who vide email dated 6th June 2019 had informed the RP that based on....

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....ribunal vide order dated 4th October, 2019 in this proceeding in CA(IB) No. 1033/KB/2019 passed an order of liquidation of the corporate debtor under section 33 of IBC and it was mentioned therein that detailed order to follow. Accordingly, we pass an order under section 33 of the I&B Code, 2016 to start process of liquidation of the Corporate Debtor as follows: ORDER 1. By this order,....

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....fficers, employees and the workmen of the Corporate Debtor as per Section 33 (7) of I&B Code, 2016. 7. The Liquidator is directed to proceed with the process of liquidation in a manner laid down in Chapter III of the Insolvency and Bankruptcy Code, 2016. 8. Upon proceeding with the liquidation the Liquidator shall file a preliminary report as per regulation 5 read with Reg. 13 of....