TaxTMI 
TaxTMI 
2022 (4) TMI 779
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....R 1. This is an application filed by the RP seeking the Liquidation of the Corporate Debtor Company. The admission of the CIRP was passed on 3rd January, 2020. 2. The Applicant prepared information memorandum and publish Form G inviting the Expression of Interest from PRAs. The applicant has not received any EOIs from any Prospective Resolution Applicants. 3. As no PRA filed the EOI with the Ap....
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....fessional as a Resolution Professional or to replace the interim Resolution Professional by another Resolution Professional. Mr. Bhavesh Rathod, Interim Resolution Professional agreed to be appointed as the Resolution Professional (RP) if the committee approves. He had placed his written consent in Form AA before the CoC in this meeting. Fees of RP: INR 25,000/- (exclusive of applicable taxes ....
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....vernment has still not completely opened lockdown and continues partial lockdown uptill March 1, 2021. g. The Hon'ble NCLAT vide its order dated November 2, 2020 in the matter of Hemant Sharma Resolution Professional of Global Softech Ltd. has allowed exclusion of 175 days for the purpose of counting the timeline of 180 days. 6. This Bench is satisfied with the reasons explained by the Appl....
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.... Chapter by issuing Public Notice stating that the Corporate Debtor is in liquidation with a direction to the Liquidator to send this order to the ROC under which this Company has been registered. b. that the Resolution Professional herein is hereby appointed as Liquidator as provided under Section 34(1) of the Code. c. all the powers of the Board of Directors, key managerial persons, the part....