https://www.taxtmi.com/caselaws?id=388154 The Tribunal admitted an insolvency petition against the Corporate Debtor under Section 9 of the Insolvency and Bankruptcy Code, 2016, leading to the appointment of an Interim Resolution Professional. After failed attempts to secure a resolution plan, the Committee of Creditors agreed on liquidation. The Tribunal ordered liquidation under Section 33(1) of the IBC, appointing a Liquidator to oversee the process. The Liquidator was instructed to issue public announcements, submit a Preliminary Report, and initiate the liquidation process as per relevant regulations. en-us Fri, 06 Sep 2019 00:00:00 +0530 Sat, 09 Nov 2019 06:26:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388154 The Tribunal admitted an insolvency petition against the Corporate Debtor under Section 9 of the Insolvency and Bankruptcy Code, 2016, leading to the appointment of an Interim Resolution Professional. After failed attempts to secure a resolution plan, the Committee of Creditors agreed on liquidation. The Tribunal ordered liquidation under Section 33(1) of the IBC, appointing a Liquidator to oversee the process. The Liquidator was instructed to issue public announcements, submit a Preliminary Report, and initiate the liquidation process as per relevant regulations. Case-Laws Insolvency and Bankruptcy Fri, 06 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388154