Appellant claims that the Liquidator instead of reviving the Company through Settlement sought to close the business of the Company


Last updated: 10 May 2021

Court :
NCLAT

Brief :
The Company Appeal (AT) (Ins.) No. 875 of 2019 relates to Liquidation Proceedings against Corporate Debtor M/s. Hind Motors India Limited. The Appellant is promoter and director of the said Company. It is stated that the Company was engaged in sale and service of cars and has certain immovable assets as well as plant and machinery and stock of spare parts of cars.

Citation :
Company Appeal (AT) (Insolvency) No. 875 of 2019

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