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IBC - Highlights / Catch Notes

Home Highlights December 2019 Year 2019 This

Liquidation order - prayer is made seeking appropriate direction ...

Insolvency and Bankruptcy

December 7, 2019

Liquidation order - prayer is made seeking appropriate direction upon the ROC for accepting Form INC-28 for compliance of liquidation of company - Knowing fully well that when the company is "struck off," the software is not going to accept Form INC-28 in any manner. Under such circumstances, the application so filed by the liquidator seeking direction upon the ROC is a futile exercise and is a mere wastage of resources of the Bench and its time.

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