https://www.taxtmi.com/caselaws?id=383268 Where the Corporate Insolvency Resolution Process had run its course without any approved and viable resolution plan, and the Committee of Creditors resolved by the requisite majority to liquidate, the statutory conditions for liquidation under Section 33 of the Insolvency and Bankruptcy Code, 2016 were satisfied. The Adjudicating Authority therefore ordered liquidation of the corporate debtor, with liquidation proceedings to commence in accordance with the Code and the moratorium to cease upon commencement of liquidation. en-us Fri, 03 May 2019 00:00:00 +0530 Sat, 20 Jul 2019 08:06:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383268 Where the Corporate Insolvency Resolution Process had run its course without any approved and viable resolution plan, and the Committee of Creditors resolved by the requisite majority to liquidate, the statutory conditions for liquidation under Section 33 of the Insolvency and Bankruptcy Code, 2016 were satisfied. The Adjudicating Authority therefore ordered liquidation of the corporate debtor, with liquidation proceedings to commence in accordance with the Code and the moratorium to cease upon commencement of liquidation. Case-Laws Insolvency and Bankruptcy Fri, 03 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383268