NATIONAL COMPANY LAW TRIBUNAL
Jyoti Kumar Tripathi, J, Ravichandran Ramasamy, Technical Member
Epic Concesiones Private Limited – Appellant
Versus
Sri. N. Veerapandian – Respondent
| Table of Content |
|---|
| 1. application filed for share transfer during liquidation. (Para 1 , 2) |
| 2. application permitted for share transfer. (Para 8) |
ORDER
(Hearing through hybrid mode)
The present application has been filed byEpic Concesiones Private Limited, the Applicant under Section 60 (5)(c) of the Insolvency and Bankruptcy Code ('Code'/ 'IBC'), 2016 read with Rule 11 of the NCLT Rules, r/w Section 334 of the Companies Act , 2013 (As Amended by the , 2106, seeking permission of this Hon’ble Tribunal for transfer of 1,43,00,000 equity shares constituting 11% of the issued and paid-up share capital of the Corporate Debtor, Sical Iron Ore Terminals Limited, during the subsistence of the liquidation process, and for consequential directions to the Liquidator to take the said transfer on record, with the following reliefs:
“PRAYER:
In view of the aforesaid facts and circumstances, it is most respectfully prayed that this Ld. Adjudicating Authority may be pleased to:
(a) to permit the transfer of 1,43,00,000 equity shares held by the Applicant in the Corporate Debtor, comprising 11% of the issued and paid-up share capital of the Corporate Debtor, to Neelambur Madukkarai Tollway Private Limite
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