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NCLT orders liquidation of Mehul Choksi-promoted Gitanjali Gems, ET Retail

Gitanjali Gems: The bench also appointed Santanu T Ray as the liquidator, who will complete the liquidation process as per the provisions of the IBC, 2016, according to an NCLT order, filed on BSE. The resolution professional of the jewellery retailer, Vijay Kumar Garg, filed the application for liquidation in NCLT.

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NCLT orders liquidation of Mehul Choksi-promoted Gitanjali Gems

NCLT orders liquidation of Mehul Choksi-promoted Gitanjali Gems
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NCLT orders Mehul Choksi-promoted Gitanjali Gems liquidation under IBC law | Company News

NCLT orders Mehul Choksi-promoted Gitanjali Gems liquidation under IBC law | Company News
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Gitanjali Gems | National Company Law Tribunal orders liquidation of fugitive Mehul Choksi s Gitanjali Gems

This came after the company’s committee of creditors (CoC) had in their meeting on April 2019 resolved to liquidate the debtor by a majority of 90.16 per cent voting in favour

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Bankruptcy court orders liquidation of Mehul Choksi-promoted Gitanjali Gems, ET Retail

Mehul Choksi: The company was originally admitted under the Corporate Insolvency Resolution Process (CIRP) in October 2018. It has admitted liabilities of over Rs 12,558 crore.

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