https://www.taxtmi.com/caselaws?id=283715 After the Committee of Creditors rejected the resolution plan with 100% voting share, the Tribunal applied the Insolvency and Bankruptcy Code framework to conclude that it could not interfere with the CoC's commercial wisdom. Once the statutory requirements for liquidation were satisfied and the CoC had also approved liquidation with consent for appointment of a liquidator, liquidation of the corporate debtor was ordered. The proposed liquidator's consent being on record, Mr. Rajat Mukherjee was appointed as Liquidator. en-us Wed, 27 Mar 2019 00:00:00 +0530 Mon, 07 Oct 2019 21:29:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283715 After the Committee of Creditors rejected the resolution plan with 100% voting share, the Tribunal applied the Insolvency and Bankruptcy Code framework to conclude that it could not interfere with the CoC's commercial wisdom. Once the statutory requirements for liquidation were satisfied and the CoC had also approved liquidation with consent for appointment of a liquidator, liquidation of the corporate debtor was ordered. The proposed liquidator's consent being on record, Mr. Rajat Mukherjee was appointed as Liquidator. Case-Laws Insolvency and Bankruptcy Wed, 27 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283715