https://www.taxtmi.com/caselaws?id=288193 The Tribunal approved the liquidation of the Corporate Debtor based on the Resolution Professional's recommendation and the Committee of Creditors' decision. Mrs. Aruna Ramachandran was appointed as the Liquidator, and the moratorium was lifted. The Liquidator was tasked with managing the affairs of the Corporate Debtor and submitting progress reports periodically. The Tribunal ordered full cooperation from the Corporate Debtor's personnel for a smooth liquidation process, in compliance with the Insolvency and Bankruptcy Code, 2016. en-us Tue, 22 Jan 2019 00:00:00 +0530 Mon, 25 May 2020 17:14:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288193 The Tribunal approved the liquidation of the Corporate Debtor based on the Resolution Professional's recommendation and the Committee of Creditors' decision. Mrs. Aruna Ramachandran was appointed as the Liquidator, and the moratorium was lifted. The Liquidator was tasked with managing the affairs of the Corporate Debtor and submitting progress reports periodically. The Tribunal ordered full cooperation from the Corporate Debtor's personnel for a smooth liquidation process, in compliance with the Insolvency and Bankruptcy Code, 2016. Case-Laws Insolvency and Bankruptcy Tue, 22 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288193