NCLT Appoints Liquidator for Stros Esquire

NCLT Ahmedabad appoints Ms. Poonam Basak as liquidator for Stros Esquire Elevators following compliance with a previous order.
The financial creditor paid a penalty and conducted a meeting with the liquidator as directed by the tribunal.
The liquidation process must be completed within six months, and both interim applications are disposed of.
The case was admitted in 2022 under Section 7 IBC and involved a joint venture agreement dispute.