https://www.taxtmi.com/caselaws?id=394768 The Adjudicating Authority allowed the liquidation of the Corporate Debtor Company, appointed the Resolution Professional as the Liquidator, and disposed of all pending applications in view of the liquidation order. An Interlocutory Application seeking reconsideration of rejected resolution plans was deemed not maintainable due to the expiration of the Corporate Insolvency Resolution Process timeline. The Authority emphasized the CoC's commercial wisdom and limitations on questioning their decisions. en-us Mon, 26 Aug 2019 00:00:00 +0530 Fri, 24 Apr 2020 11:28:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394768 The Adjudicating Authority allowed the liquidation of the Corporate Debtor Company, appointed the Resolution Professional as the Liquidator, and disposed of all pending applications in view of the liquidation order. An Interlocutory Application seeking reconsideration of rejected resolution plans was deemed not maintainable due to the expiration of the Corporate Insolvency Resolution Process timeline. The Authority emphasized the CoC's commercial wisdom and limitations on questioning their decisions. Case-Laws Insolvency and Bankruptcy Mon, 26 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394768