MUMBAI BENCH, COURT-V

CP (IB) No.661/MB/2023

Under Section 33(1)(a) of The Insolvency and

Bankruptcy Code, 2016

In the Matter of

Shri.Pranav Damania,

Resolution Professional for Zenil

Traders Pvt. Ltd,

407, Sanjar Enclave, opp . PVR

Milap Cinemas’. Road, Kandivali(W)

Mumbai-400 067

… Applicant /Resolution Professional

In the matter of

Superways Enterprises Pvt . Ltd

…Operational Creditor

V/s

Zenil Traders Pvt. Ltd

….Corporate Debtor

Order Dated:05.04.2024

Coram:

Reeta Kohli, Hon’ble Member (Judicial)

Madhu Sinha, Hon’ble Member (Technical)

For the Applicant:

Mr. Bhavesh N Desai, Advocate.

ORDER

1. This is an Application filed under Section 33 of the Insolvency and Bankruptcy Code, 2016 (Hereinafter referred to as the Code) by the Applicant who is also the Resolution Professional (RP) of the Corporate Debtor seeking the following reliefs:

a) That this Hon’ble Tribunal be pleased to pass an order directing initiation of Liquidation of the Corporate Debtor under provision 33 of the Code and appoint the Applicant as the Liquidator of the Corporate Debtor.

b) For such other and further reliefs as this Hon’ble Tribunal may deem fit in the facts and circumstances of the present case.

Brief facts of the case:

[

i. The