In case if the funds received are insufficient to repay to the creditors, the company being sick unit , in that case will there be the aspct of collecting the unpaid calls on shares from the shareholders?
Madam, if the salary dues are pending from July 2019 and covid lockdown was announced in March 2020.Then insolvency was announced in 05.05.2020. RP announced lay off without any time bound.Later liquidation announced in 17.02.202. Our salary dues are beyond 24 months which is admitted in. 53.1.F of IBC.Can we claim lay off salary and the pending salary dues on priority. Also, are we eligible for accured leave encashment due to liquidation. Can I have some points of suggestions under IBC how to claim.
Thank you for writing to us. Sure, I will be happy to assist you with your Queries, you can directly reach me out at mahima@insolvencyservices.in or contact at 9999043311.
speaker Mahima is delivering well. but captions and ppt are just racing ahead and are a big distraction. visuals end one min before the speaker's commentary. pl, realign or edit video to make it more useful.
Thank you for your comment sir. Your feedback is really valuable to us and will definitely incorporate your suggestion in our future knowledge video. Keep watching and supporting our knowledge-sharing initiative.
I have been asked a question regarding liquidation of corporate debtor. please help me solve this as this is problem based Q You are the official liquidator of a corporate debtor which is undergoing the liquidation process. Consider the following information and find out how much each equity share will get after the liquidation Realized funds of the common pool of estate - 20,000 (crore) realised funds of secured creditors who dint relinquish their charge over security - 14000 crore total amount of claims accepted from the secured creditors who dint relinquish charge- 16000 crore CRIP and liquidation costs and related expenditure- 20 crores amount due to workers at INR 20 CRORES Per month for 30 months - 600 crores total claims accepted from secured creditors who relinquished their charge over security- 8400 cores dues to employees for 18 months- 2400 crores unsecured creditors - 3000 crores preference share capital to be redeemed - 2400 crores number of equity shares- 2 crores
Amazing analysis....keep posting more educational content 👏🏻👍🏻
excellent explanation with clarity.
Great....
Proud of u
Very well explained
Great.
It is sale as going concern not sell as going concern.
Nice lecture
In case if the funds received are insufficient to repay to the creditors, the company being sick unit , in that case will there be the aspct of collecting the unpaid calls on shares from the shareholders?
Madam, if the salary dues are pending from July 2019 and covid lockdown was announced in March 2020.Then insolvency was announced in 05.05.2020. RP announced lay off without any time bound.Later liquidation announced in 17.02.202. Our salary dues are beyond 24 months which is admitted in. 53.1.F of IBC.Can we claim lay off salary and the pending salary dues on priority. Also, are we eligible for accured leave encashment due to liquidation. Can I have some points of suggestions under IBC how to claim.
Can you tell me about tulip telecom under liqudation
Please,Can you tell me a bit about liquation process of jet airways?
Thank you for writing to us.
Sure, I will be happy to assist you with your Queries, you can directly reach me out at mahima@insolvencyservices.in or contact at 9999043311.
speaker Mahima is delivering well. but captions and ppt are just racing ahead and are a big distraction. visuals end one min before the speaker's commentary. pl, realign or edit video to make it more useful.
Thank you for your comment sir. Your feedback is really valuable to us and will definitely incorporate your suggestion in our future knowledge video. Keep watching and supporting our knowledge-sharing initiative.
Can you share the ppt
Please mail me mahima@insolvencyservices.in, will share the required PPT over the same mail.
@@ASCGroupConsulting please check my comment above its regarding a problem based question. your help is appreciated
I have been asked a question regarding liquidation of corporate debtor. please help me solve this as this is problem based
Q You are the official liquidator of a corporate debtor which is undergoing the liquidation process. Consider the following information and find out how much each equity share will get after the liquidation
Realized funds of the common pool of estate - 20,000 (crore)
realised funds of secured creditors who dint relinquish their charge over security - 14000 crore
total amount of claims accepted from the secured creditors who dint relinquish charge- 16000 crore
CRIP and liquidation costs and related expenditure- 20 crores
amount due to workers at INR 20 CRORES Per month for 30 months - 600 crores
total claims accepted from secured creditors who relinquished their charge over security- 8400 cores
dues to employees for 18 months- 2400 crores
unsecured creditors - 3000 crores
preference share capital to be redeemed - 2400 crores
number of equity shares- 2 crores