https://www.taxtmi.com/caselaws?id=288231 The Tribunal granted the application for liquidation of the Corporate Debtor under Section 33 of the Insolvency and Bankruptcy Code, appointing the Resolution Professional as the Liquidator. The Liquidator was given extensive powers to manage the affairs of the Debtor during liquidation, with personnel required to cooperate. Legal proceedings against the Debtor were restricted, and the Liquidator's fee would be determined from the liquidation estate. Compliance with the IBC and IBBI rules was mandated, with a follow-up hearing scheduled to monitor progress. en-us Mon, 11 Mar 2019 00:00:00 +0530 Wed, 27 May 2020 10:44:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288231 The Tribunal granted the application for liquidation of the Corporate Debtor under Section 33 of the Insolvency and Bankruptcy Code, appointing the Resolution Professional as the Liquidator. The Liquidator was given extensive powers to manage the affairs of the Debtor during liquidation, with personnel required to cooperate. Legal proceedings against the Debtor were restricted, and the Liquidator's fee would be determined from the liquidation estate. Compliance with the IBC and IBBI rules was mandated, with a follow-up hearing scheduled to monitor progress. Case-Laws Insolvency and Bankruptcy Mon, 11 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288231