NCLT Orders Liquidation of Corporate Debtor After CoC’s 100% Vote & Fraudulent Transactions

Pooja Finelease Ltd. Vs Auto Needs (India) Pvt. Ltd. (NCLT Delhi)  The National Company Law Tribunal (NCLT), New Delhi Bench, in Pooja Finelease Ltd. vs Auto Needs (India) Pvt. Ltd., considered an application (I.A./22/ND/2025) filed by Ms. Rashmi Mintri, Resolution Professional (RP) of Auto Needs (India) Pvt. Ltd. (“Corporate Debtor”), under Section 33(2) of the Insolvency and Bankruptcy Code, 2016 (“Code”), seeking liquidation of the Corporate Debtor. Background and Proceedings The Corporate Insolvency Resolution Process (CIRP) for the Corporate Debtor was originally initiated on 20 ...