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.
NCLT orders liquidation of Mehul Choksi-promoted Gitanjali Gems thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
The NCLT, in its order, observed that due to the ongoing investigations, attachment of assets and the low likelihood of insolvency resolution, it was necessary to proceed with the liquidation of Gitanjali Gems .
Choksi s Gitanjali Gems to be Liquidated idexonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from idexonline.com Daily Mail and Mail on Sunday newspapers.
The Delhi High Court has asked fugitive businessman Mehul Choksi to be physically present for hearing in his case against the Netflix series 'Bad Boy Billionaires'. Choksi had challenged the dismissal of his plea to pre-screen the Netflix docuseries.