https://www.taxtmi.com/caselaws?id=397551 The Tribunal upheld the liquidation order of the Corporate Debtor, citing non-receipt of a Resolution Plan before the CIRP deadline, compliance issues with the Earnest Money Deposit, rejection of the Resolution Plan by the COC, and failure to secure necessary approvals. The Tribunal emphasized adherence to statutory timelines and requirements under the I & B Code, dismissing the Appeal and affirming the necessity of the liquidation process. en-us Wed, 04 Mar 2020 00:00:00 +0530 Sat, 22 Aug 2020 09:47:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397551 The Tribunal upheld the liquidation order of the Corporate Debtor, citing non-receipt of a Resolution Plan before the CIRP deadline, compliance issues with the Earnest Money Deposit, rejection of the Resolution Plan by the COC, and failure to secure necessary approvals. The Tribunal emphasized adherence to statutory timelines and requirements under the I & B Code, dismissing the Appeal and affirming the necessity of the liquidation process. Case-Laws Insolvency and Bankruptcy Wed, 04 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397551