https://www.taxtmi.com/caselaws?id=381253 Where no resolution plan is received during the insolvency resolution process and the Committee of Creditors approves liquidation with the requisite voting share, the corporate debtor becomes liable to liquidation under the Insolvency and Bankruptcy Code, 2016. The Resolution Professional may be appointed as Liquidator if he has given written consent in the prescribed form. The stated basis is that the resolution process has run its course, the process period is near expiry, and the statutory conditions for liquidation are met, leading to a liquidation order and appointment of the same professional as Liquidator. en-us Wed, 13 Feb 2019 00:00:00 +0530 Fri, 07 Jun 2019 07:27:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381253 Where no resolution plan is received during the insolvency resolution process and the Committee of Creditors approves liquidation with the requisite voting share, the corporate debtor becomes liable to liquidation under the Insolvency and Bankruptcy Code, 2016. The Resolution Professional may be appointed as Liquidator if he has given written consent in the prescribed form. The stated basis is that the resolution process has run its course, the process period is near expiry, and the statutory conditions for liquidation are met, leading to a liquidation order and appointment of the same professional as Liquidator. Case-Laws Insolvency and Bankruptcy Wed, 13 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381253