https://www.taxtmi.com/caselaws?id=288773 The Tribunal admitted a petition under section 10 of the Insolvency and Bankruptcy Code, 2016, declaring a moratorium. The Committee of Creditors decided on liquidation due to the failure to accept a resolution plan. The Tribunal ordered liquidation and appointed a Liquidator, emphasizing strict compliance with legal requirements for the process, including stakeholder claims submission and enforcement of personal guarantees by Financial Creditors. An application seeking participation in the CoC meeting was dismissed. en-us Fri, 30 Nov 2018 00:00:00 +0530 Sat, 27 Jun 2020 21:57:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288773 The Tribunal admitted a petition under section 10 of the Insolvency and Bankruptcy Code, 2016, declaring a moratorium. The Committee of Creditors decided on liquidation due to the failure to accept a resolution plan. The Tribunal ordered liquidation and appointed a Liquidator, emphasizing strict compliance with legal requirements for the process, including stakeholder claims submission and enforcement of personal guarantees by Financial Creditors. An application seeking participation in the CoC meeting was dismissed. Case-Laws Insolvency and Bankruptcy Fri, 30 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288773