2019 (12) TMI 1584

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....mber (Judicial) And Hon'ble Mr. Chandra Bhan Singh, Member (Technical) For the Applicant: Advocate Geeta Lalwani a/w Advocate Amey Hadwale ORDER Per: Chandra Bhan Singh, Member (Judicial) 1. This is an Application submitted on 13.08.2019 U/s.33 of the Insolvency & Bankruptcy Code, 2016 (hereinafter referred to as "I&B Code") by Mr. Dhanshyam Kantilal Patel, the Resolution Professional ....

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..... In furtherance to the said order dated 12th February 2019, a public announcement inviting claims from all the creditors in form A of the Schedule II as per regulation 6 of IBBI was published by the Applicant on 15th February 2019 in Free Press Journal (All India Edition) and Navkal (Maharashtra Edition) having its circulation in the region where the registered office of the Corporate Debtor is s....

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....noted by the Financial Creditor that post CIRP period there has been no income from the Company of the Corporate Debtor. The Financial Creditor unanimously decided to Liquidate the Company of the Corporate Debtor. 7. Thereafter, in the 9th COC meeting held on 01.08.2019, a resolution with 100% vote was passed by the members of COC to initiate liquidation proceedings against the Corporate Debtor....

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....nder section 33(1) of the I&B Code. The CoC decided that the RP Mr. Dhanshyam Patel be appointed as liquidator subject to approval of this Bench. 10. The Resolution Professional Mr. Dhanshyam Patel has given his written consent to act as 'Liquidator' on 08.08.2019 under Regulation 3(1A) of the IBBI (Liquidation Process) Regulations, 2016. 11. The Resolution Professional submits that on 21.02....