https://www.taxtmi.com/caselaws?id=389511 The Tribunal ordered the liquidation of the corporate debtor, M/s. Mohan Gems and Jewels Private Limited, as no resolution plan was received despite multiple invitations for Expression of Interest. The Committee of Creditors, with 86.07% voting share, passed a resolution for liquidation under Section 33(2) of the Insolvency and Bankruptcy Code, 2016. The Resolution Professional was appointed as the Liquidator, and comprehensive directions were issued for the liquidation process, including the continuation of business, investigation of financial affairs, recovery of dues, and notification to stakeholders. The Tribunal ensured a structured liquidation process in compliance with the Code. en-us Fri, 09 Aug 2019 00:00:00 +0530 Tue, 10 Dec 2019 09:27:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389511 The Tribunal ordered the liquidation of the corporate debtor, M/s. Mohan Gems and Jewels Private Limited, as no resolution plan was received despite multiple invitations for Expression of Interest. The Committee of Creditors, with 86.07% voting share, passed a resolution for liquidation under Section 33(2) of the Insolvency and Bankruptcy Code, 2016. The Resolution Professional was appointed as the Liquidator, and comprehensive directions were issued for the liquidation process, including the continuation of business, investigation of financial affairs, recovery of dues, and notification to stakeholders. The Tribunal ensured a structured liquidation process in compliance with the Code. Case-Laws Companies Law Fri, 09 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389511