https://www.taxtmi.com/caselaws?id=372119 The Tribunal ordered the liquidation of the Corporate Debtor, Ashoka Multiyarn Mills Limited, appointing the current Resolution Professional as the liquidator due to the rejection of the resolution plan and the expiration of the CIRP period. The judgment lifted the moratorium, applying Sections 33(5) and 33(6) of the IBC, 2016, for the liquidation process to proceed in compliance with relevant regulations. en-us Fri, 16 Nov 2018 00:00:00 +0530 Tue, 18 Dec 2018 10:35:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372119 The Tribunal ordered the liquidation of the Corporate Debtor, Ashoka Multiyarn Mills Limited, appointing the current Resolution Professional as the liquidator due to the rejection of the resolution plan and the expiration of the CIRP period. The judgment lifted the moratorium, applying Sections 33(5) and 33(6) of the IBC, 2016, for the liquidation process to proceed in compliance with relevant regulations. Case-Laws Insolvency and Bankruptcy Fri, 16 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372119