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NCLT Mumbai Approves Replacement of Liquidator in Phalcomm Infra Solutions
Case Law Details
- Case Name
- In re Phalcomm Infra Solutions Private Limited (NCLT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- NCLT
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In re Phalcomm Infra Solutions Private Limited (NCLT Mumbai)
In a recent order, the National Company Law Tribunal (NCLT), Mumbai Bench, has approved a resolution by the Stakeholders Consultation Committee (SCC) of Phalcomm Infra Solutions Private Limited to replace the appointed liquidator. This decision, which was delivered on a motion filed under Section 60(5) of the Insolvency and Bankruptcy Code (IBC), 2016, highlights the authority of stakeholders in the corporate liquidation process to appoint a professional of their choosing.
The case began on June 30, 2025, when the NC...
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