https://www.taxtmi.com/caselaws?id=392252 The court allowed the liquidation of M/s. GTS Coil Pvt. Ltd. under the Insolvency and Bankruptcy Code, 2016. The Company's voluntary liquidation process, creditor consent, distribution of proceeds, compliance with tax regulations, and final directive for immediate liquidation were found to be in accordance with regulatory requirements. The judgment confirmed the winding up of the Company's affairs, liquidation of assets, and proper adherence to the Insolvency and Bankruptcy Code, leading to the approval of the Company's petition for liquidation. en-us Wed, 27 Nov 2019 00:00:00 +0530 Mon, 17 Feb 2020 09:05:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392252 The court allowed the liquidation of M/s. GTS Coil Pvt. Ltd. under the Insolvency and Bankruptcy Code, 2016. The Company's voluntary liquidation process, creditor consent, distribution of proceeds, compliance with tax regulations, and final directive for immediate liquidation were found to be in accordance with regulatory requirements. The judgment confirmed the winding up of the Company's affairs, liquidation of assets, and proper adherence to the Insolvency and Bankruptcy Code, leading to the approval of the Company's petition for liquidation. Case-Laws Insolvency and Bankruptcy Wed, 27 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392252