https://www.taxtmi.com/caselaws?id=292915 The application for liquidation under section 33 of the Insolvency & Bankruptcy Code, 2016 was allowed. The Tribunal ordered the commencement of the liquidation process for the Corporate Debtor, Western India Metal Processors Ltd. Mr. Ajay Gupta was appointed as the Liquidator, with directions to advertise the liquidation, notify relevant authorities, and seek necessary approvals during the process. The decision highlighted the absence of assets and lack of interest from prospective resolution applicants, leading to the approval of liquidation. en-us Thu, 10 Oct 2019 00:00:00 +0530 Tue, 12 Jan 2021 21:16:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292915 The application for liquidation under section 33 of the Insolvency & Bankruptcy Code, 2016 was allowed. The Tribunal ordered the commencement of the liquidation process for the Corporate Debtor, Western India Metal Processors Ltd. Mr. Ajay Gupta was appointed as the Liquidator, with directions to advertise the liquidation, notify relevant authorities, and seek necessary approvals during the process. The decision highlighted the absence of assets and lack of interest from prospective resolution applicants, leading to the approval of liquidation. Case-Laws Insolvency and Bankruptcy Thu, 10 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292915