https://www.taxtmi.com/caselaws?id=289572 The National Company Law Tribunal, Principal Bench, New Delhi, approved the liquidation of M/S Ram Dev International Limited following the Committee of Creditors' decision with a majority vote. The tribunal ordered the appointment of a liquidator after the statutory Corporate Insolvency Resolution Process period lapsed without a resolution plan. Detailed directions were provided for the liquidator to carry out the liquidation process in accordance with the Insolvency and Bankruptcy Code, including issuing a Public Announcement, investigating irregular transactions, and addressing pending applications. The application for liquidation was disposed of in favor of liquidation. en-us Tue, 12 Mar 2019 00:00:00 +0530 Fri, 07 Aug 2020 06:50:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289572 The National Company Law Tribunal, Principal Bench, New Delhi, approved the liquidation of M/S Ram Dev International Limited following the Committee of Creditors' decision with a majority vote. The tribunal ordered the appointment of a liquidator after the statutory Corporate Insolvency Resolution Process period lapsed without a resolution plan. Detailed directions were provided for the liquidator to carry out the liquidation process in accordance with the Insolvency and Bankruptcy Code, including issuing a Public Announcement, investigating irregular transactions, and addressing pending applications. The application for liquidation was disposed of in favor of liquidation. Case-Laws Insolvency and Bankruptcy Tue, 12 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289572