Back
NATIONAL COMPANY LAW TRIBUNAL
Shri Rajeev Bhardwaj, J, Shri Sanjay Puri, T
M/s. Leesa Lifesciences Pvt Ltd – Appellant
Versus
Assistant Accounts Officer, (ERO), Southern Power Distribution Company of TS Ltd – Respondent
| Table of Content |
|---|
| 1. application details filed under insolvency code (Para 1 , 2 , 4) |
| 2. demands raised by authority post cirp (Para 5 , 6 , 12) |
| 3. claims extinguished after resolution plan approved (Para 36 , 39 , 43) |
ORDER
1. The present Application has been filed under Section 31 (4) and Section 60 (5) of the Insolvency and Bankruptcy Code 2016 (IBC) by M/s. Leesa Lifesciences Pvt Ltd (“erstwhile Corporate Debtor”) represented by and presently held under the management of Resolution Applicant, M/S PSN Medicare Pvt Ltd (“Successful Resolution Applicant/SRA”) seeking waiver of statutory dues as per demands made by the Respondents No.1 to 4 Applicant’s Case
2. This Authority has approved the Resolution Plan submitted by the Applicant on 18.10.2022 in Company Petition CP (IB) 744/7/HDB/2018 (Annexure – 1) and on account of successful takeover of the unit of the erstwhile Corporate Debtor, the Successful Resolution Applicant and the erstwhile Corporate Debtor are one and the same.
3. The Applicant deposited the entire Resolution Plan amount of Rs 1411 lakhs with IDBI: SR Nagar Branch, Hyderabad and accordingly the Resolution Professional after obtaining due permission from Implementation Co
An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers
Please visit our Training & Support
Center or Contact Us for assistance
Scan Me!
India’s Legal research and Law Firm App, Download now!
For Daily Legal Updates, Join us on :
Back to top
