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NATIONAL COMPANY LAW TRIBUNAL
Mohan P. Tiwari, J, Sanjeev Sharma, T
Mangesh Kekre, RP of Sun Petpack Jabalpur Pvt Ltd – Appellant
Versus
Ravi Gupta, Suspended Director – Respondent
| Table of Content |
|---|
| 1. initiation of liquidation proceedings under the ibc. (Para 1 , 2 , 3) |
| 2. response to resolution professional's application. (Para 4) |
| 3. tribunal's authority in liquidation and procedural adherence. (Para 5 , 6 , 7) |
| 4. legal basis for liquidation order. (Para 8) |
| 5. outcome and directives for the liquidation process. (Para 9 , 10 , 11) |
ORDER
30.01.2026
1. The Present Application has been filed under section 33(2) of the Insolvency and Bankruptcy Code,2016 (‘the Code’) by the Resolution Professional, Mangesh Kekre, for liquidation of M/S SUN PETPACK JABALPUR PRIVATE LIMITED [Corporate Debtor], seeking following prayers:
a. to pass an order under Section 34 (1) of the Code for appointing M/s Efficax Resolution Professionals Private Limited, an Insolvency Professional Entity (Reg. No. IBBI/IPE-0153/IPA-3/2023-2024/50063) represented by Mr. Rakesh Jindal - Director of IPE as the Liquidator and to make public announcement inviting claims from stakeholders.
b. That, as per Section 33 (5) and, that subject to Section 52 of the Code, no suit or other legal proceedings shall be initiated by or against the Corporate Debtor except in relation to the transactions as may be notified
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