2022 (2) TMI 905

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....lraj Joshi, Member (T) For the Appellant : Party-in-Person ORDER Balraj Joshi, Member (T) 1. This court convened via video conferencing. 2. This is an application filed by the Resolution Professional ('RP') upon the instructions of the Committee of Creditors ('CoC') seeking liquidation of the Corporate Debtor, viz., Ratandeep Infrastructure Private Limited [CIN: U454....

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....s the Interim Resolution Professional ('IRP') who was later confirmed as Resolution Professional ('RP'), by the CoC, as recorded by this Adjudicating Authority vide Order dated 11.06.2020. 4. RP had carried out the CIRP according to the provisions of IBC and filed progress reports. The Applicant further submits that the CIRP had expired on 13.10.2019, subsequent to which the RP ....

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....fore, hereby orders as follows:- a. Prayers as sought for in I.A. No. 73/2021 filed by Mr. Alok Kumar Kuchhal RP of Ratandeep Infrastructure Private Limited, the Corporate Debtor, is allowed and the Corporate Debtor is ordered to be liquidated in terms of section 33(2) of the Code read with sub-section (1) thereof; b. Mr. Alok Kumar Kucchal [Reg. No. IBBI/IPA-002/IP-N00114/2017-1....

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....exist in accordance with section 34(2) of the Code. All these powers shall henceforth vest in the Liquidator. f. The personnel of the Corporate Debtor are directed to extend all assistance and co-operation to the Liquidator as required by him in managing the liquidation process of the Corporate Debtor. g. On initiation of the liquidation process but subject to section 52 of the C....