https://www.taxtmi.com/caselaws?id=375725 Outcome: The tribunal rejected the resolution plan approved by the Committee of Creditors (CoC) and ordered the liquidation of the Corporate Debtor. A new liquidator was appointed to oversee the liquidation process and attempt to sell the company as a going concern within six months. The decision emphasized the importance of transparency, compliance with legal requirements, and equitable treatment of all stakeholders in insolvency proceedings. en-us Mon, 14 Jan 2019 00:00:00 +0530 Sat, 23 Feb 2019 12:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375725 Outcome: The tribunal rejected the resolution plan approved by the Committee of Creditors (CoC) and ordered the liquidation of the Corporate Debtor. A new liquidator was appointed to oversee the liquidation process and attempt to sell the company as a going concern within six months. The decision emphasized the importance of transparency, compliance with legal requirements, and equitable treatment of all stakeholders in insolvency proceedings. Case-Laws Insolvency and Bankruptcy Mon, 14 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375725