2022 (1) TMI 212

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....ukesh, Member (J) And Kaushalendra Kumar Singh, Member (T) For the Appellant : Kuldeep K. Adesara, Adv ORDER Dr. Deepti Mukesh, Member (J) 1. The Instant Application is filed by Mr. Bhupendra Singh Narayan Singh Rajput Liquidator of M/s. Shree Santosh Cotton Spin Private Limited, the Corporate Debtor, under section 54(1) of the Insolvency and Bankruptcy Code, 2016 (hereinafter referred....

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....1st meeting of the committee of creditors (for the brevity of 'CoC') unanimously resolved that Mr. Bhupendra Singh Narayan Singh Rajput, IRP continue to work as Resolution Professional (for the brevity of 'RP') and further, Adjudicating Authority appointed applicant i.e. Mr. Bhupendra Singh Narayan Singh Rajput as the Resolution Professional vide order dated 13.11.2019. c)....

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....ss 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 distribute the sale proceeds. g) In compliance with Regulation 45 of the IBBI (Liquidation Process) Regulations, 2016, the Liquidator has filed the Final report on 26.11.2021. h) In compliance with Regulation 45(3) of the IBBI (Liquida....

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....porate Debtor, the liquidator conducted the final meeting of the Stakeholders Consultation Committee on 24.11.2021 wherein the Stakeholders Consultation Committee resolved for dissolution of Corporate Debtor, hence, the instant application is filed by the Liquidator for appropriate order/directions under section 54 of the IB Code. 3. In view of the above and documents placed on record, this Aut....