Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2017 (3) TMI 1815

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... vocate along with Advocates Miss A. R Chowdhury and Shubham Agarwal represented the Corporate Applicant/ Corporate Debtor. The present Application has been filed on behalf of Corporate Applicant/ Corporate Debtor under Section 10 of Insolvency and Bankruptcy Code, 2016 read with Rule 7 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016. The definition of Corporate Applicant includes Corporate Debtor. The Company Petitioner seeks relief to initiate corporate insolvency resolution process in respect of JEKPL Private Limited was filed on 3rd March, 2017 which is taken on record. As per the Section 5(5) of the code 'corporate applicant means- (a) corporate debtor; or (b) a member or partner .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... form, containing such particulars and in such manner and accompanied with such fee as may be prescribed. (3) The corporate applicant shall, along with the application furnish the information relating to- (a) its books Of account and such other documents relating to such period as may be specified; and (b) the resolution professional proposed to be appointed as an interim resolution professional. (4) The Adjudicating Authority shall, within a period of fourteen days of the receipt of the application, by an order- (a) admit the application, if it is complete; or (b) reject the application, if it is incomplete: Provided that Adjudicating Authority shall, before rejecting an application, give a notice to the applicant to re .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... iod. III. That the provisions of sub- section (1) shall not apply to such transactions as may be notified by the Central Government in consultation with any financial sector regulator. IV. That this Bench hereby appoints Mr. Dinkar T. Venkatasubramanian Email.ld dinkar.venkatasubbramanian , Address : Ernst Young LLP 6th Floor, World Mark -I , IGI Airport Hospitality District , Aerocity , New Delhi -110037 as Interim Resolution Professional to carry the functions as mentioned under Insolvency and Bankruptcy Code. V. That the public announcement of corporate insolvency resolution process be made immediately as specified under Section 13 of the code. VI. An authentic copy of this order be issued to parties including Interim Resol .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates