https://www.taxtmi.com/highlights?id=57052 Failure to implement Resolution Plan - The appellant has been unable to raise the funds - Ultimately, what the request of the appellant reduces itself to, is that it would raise funds on a mortgage of the assets of the Company and unless the Company is brought out of liquidation, it would not be in a position to raise the funds. This is unacceptable. - The appellant has failed to abide by its obligations. In that view of the matter, there are no reason or justification to entertain the Civil Appeal any further.- SC en-us Mon, 08 Mar 2021 09:30:04 +0530 Mon, 08 Mar 2021 09:30:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=57052 Failure to implement Resolution Plan - The appellant has been unable to raise the funds - Ultimately, what the request of the appellant reduces itself to, is that it would raise funds on a mortgage of the assets of the Company and unless the Company is brought out of liquidation, it would not be in a position to raise the funds. This is unacceptable. - The appellant has failed to abide by its obligations. In that view of the matter, there are no reason or justification to entertain the Civil Appeal any further.- SC Highlights Insolvency and Bankruptcy Mon, 08 Mar 2021 09:30:04 +0530 https://www.taxtmi.com/highlights?id=57052