https://www.taxtmi.com/caselaws?id=388592 The case involved the initiation of Corporate Insolvency Resolution Process (CIRP) against a Corporate Debtor, appointment of Resolution Professional (RP), constitution of Committee of Creditors (CoC), decision for liquidation, and appointment of Liquidator. With no resolution plan received, the CoC unanimously decided to liquidate the company, appointing the RP as Liquidator. The judgment allowed the Liquidator to commence the liquidation process, outlining cooperation requirements, restrictions on legal proceedings, and fee structure based on the value of assets in the estate. en-us Thu, 29 Aug 2019 00:00:00 +0530 Tue, 19 Nov 2019 11:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388592 The case involved the initiation of Corporate Insolvency Resolution Process (CIRP) against a Corporate Debtor, appointment of Resolution Professional (RP), constitution of Committee of Creditors (CoC), decision for liquidation, and appointment of Liquidator. With no resolution plan received, the CoC unanimously decided to liquidate the company, appointing the RP as Liquidator. The judgment allowed the Liquidator to commence the liquidation process, outlining cooperation requirements, restrictions on legal proceedings, and fee structure based on the value of assets in the estate. Case-Laws Insolvency and Bankruptcy Thu, 29 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388592