TMI Blog2022 (1) TMI 399X X X X Extracts X X X X X X X X Extracts X X X X ..... ses of the Resolution Professional and the Liquidator have also been duly paid by the ex-directors of the Corporate Debtor. Copies of the relevant documents evidencing such payments are also annexed to the application and marked as Annexure 'D'. Liquidation process initiated against the Corporate Debtor vide order dated 17/05/2019 is hereby closed. Board of Directors of the Corporate De ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s submitted that vide order dated 01/11/2018 the Corporate Debtor was admitted under CIRP. Liquidation order was passed on 17/05/2019. (c) On the question of maintainability of this application, Ld. Counsel appearing for the applicant placed before us an order dated 09/08/2018 of the Hon'ble NCLAT passed in Company Appeal (AT) (Insolvency) Nos. 288 289 of 2018 (V. Navaneetha Krishnan vs ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s, No cost. (d) Ld. Counsel appearing for the applicant submits that in the present case there is only one claim, which has been filed by the Employees' State Insurance Corporation ('ESIC') with the Liquidator for a sum of ₹ 5,71,867/-. The ex-directors of the corporate debtor have paid the said sum of ₹ 5,71,867/- to the Employees State Insurance Corporation. Copies ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... de by the Ld. Counsel appearing for the applicant in the Court, we recall the order dated 01/11/2018 admitting the Corporate Debtor in CIRP and also the order of liquidation dated 17/05/2019 and order as follows: (i) Liquidation process initiated against the Corporate Debtor vide order dated 17/05/2019 is hereby closed; (ii) The Board of Directors of the Corporate Debtor is restored to i ..... X X X X Extracts X X X X X X X X Extracts X X X X
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