https://www.taxtmi.com/caselaws?id=283122 The court approved the liquidation of assets of Corporate Debtor, M/s. Meka Dredging Company Private Limited, under the Insolvency and Bankruptcy Code, 2016, as the Corporate Insolvency Resolution Process had expired without a Resolution Plan. The Committee of Creditors unanimously approved the liquidation, appointing the Resolution Professional as the Company Liquidator. The Liquidator was tasked with managing the liquidation process, including ceasing the moratorium, taking over powers, and determining fees for conducting the proceedings. Compliance and cooperation from the Corporate Debtor's personnel were required during the liquidation, with legal proceedings subject to the Liquidator's approval. en-us Thu, 20 Sep 2018 00:00:00 +0530 Sun, 08 Sep 2019 06:34:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283122 The court approved the liquidation of assets of Corporate Debtor, M/s. Meka Dredging Company Private Limited, under the Insolvency and Bankruptcy Code, 2016, as the Corporate Insolvency Resolution Process had expired without a Resolution Plan. The Committee of Creditors unanimously approved the liquidation, appointing the Resolution Professional as the Company Liquidator. The Liquidator was tasked with managing the liquidation process, including ceasing the moratorium, taking over powers, and determining fees for conducting the proceedings. Compliance and cooperation from the Corporate Debtor's personnel were required during the liquidation, with legal proceedings subject to the Liquidator's approval. Case-Laws Insolvency and Bankruptcy Thu, 20 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283122