https://www.taxtmi.com/caselaws?id=398393 The Tribunal dismissed the application for approval of the resolution plan submitted by M/s Ravi Developments under Section 30(6) of the Insolvency and Bankruptcy Code, 2016 due to the Resolution Applicant's ineligibility under Section 29A. Consequently, the Corporate Debtor was ordered into liquidation under Section 33 of the Code as no viable resolution applicant emerged, and the Corporate Insolvency Resolution Process period concluded. The Resolution Professional was appointed as the Liquidator to oversee the liquidation process in accordance with statutory requirements. en-us Fri, 04 Sep 2020 00:00:00 +0530 Tue, 15 Sep 2020 11:10:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398393 The Tribunal dismissed the application for approval of the resolution plan submitted by M/s Ravi Developments under Section 30(6) of the Insolvency and Bankruptcy Code, 2016 due to the Resolution Applicant's ineligibility under Section 29A. Consequently, the Corporate Debtor was ordered into liquidation under Section 33 of the Code as no viable resolution applicant emerged, and the Corporate Insolvency Resolution Process period concluded. The Resolution Professional was appointed as the Liquidator to oversee the liquidation process in accordance with statutory requirements. Case-Laws Insolvency and Bankruptcy Fri, 04 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398393