https://www.taxtmi.com/caselaws?id=386694 The application filed under section 33 of the Insolvency and Bankruptcy Code seeking liquidation of the Corporate Debtor was allowed. The Committee of Creditors authorized the Resolution Professional to file the liquidation application due to non-receipt of any Resolution Plan within the extended period. The Adjudicating Authority recommended the appointment of a specific Liquidator, Mr. Sunil Kumar Agarwal, and directed the RP to continue duties until the Liquidator's appointment. The matter was referred to the Insolvency and Bankruptcy Board of India for approval, resulting in the disposal of the liquidation proceedings. en-us Mon, 22 Jul 2019 00:00:00 +0530 Sat, 05 Oct 2019 08:01:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386694 The application filed under section 33 of the Insolvency and Bankruptcy Code seeking liquidation of the Corporate Debtor was allowed. The Committee of Creditors authorized the Resolution Professional to file the liquidation application due to non-receipt of any Resolution Plan within the extended period. The Adjudicating Authority recommended the appointment of a specific Liquidator, Mr. Sunil Kumar Agarwal, and directed the RP to continue duties until the Liquidator's appointment. The matter was referred to the Insolvency and Bankruptcy Board of India for approval, resulting in the disposal of the liquidation proceedings. Case-Laws Insolvency and Bankruptcy Mon, 22 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386694