https://www.taxtmi.com/caselaws?id=393121 Liquidation was ordered under the Insolvency and Bankruptcy Code after the committee of creditors resolved to liquidate the corporate debtor and no resolution plan was received within the prescribed timeline. Because no plan was placed before the Adjudicating Authority under Section 30(6), the statutory conditions for liquidation under Section 33(2) were satisfied. The resolution professional consented to act as liquidator on the terms recorded in the order. en-us Fri, 22 Nov 2019 00:00:00 +0530 Fri, 06 Mar 2020 11:57:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393121 Liquidation was ordered under the Insolvency and Bankruptcy Code after the committee of creditors resolved to liquidate the corporate debtor and no resolution plan was received within the prescribed timeline. Because no plan was placed before the Adjudicating Authority under Section 30(6), the statutory conditions for liquidation under Section 33(2) were satisfied. The resolution professional consented to act as liquidator on the terms recorded in the order. Case-Laws Insolvency and Bankruptcy Fri, 22 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393121