https://www.taxtmi.com/caselaws?id=405666 The Tribunal ordered the liquidation of Corporate Debtor Varanasi Auto Sales Limited due to the absence of a resolution plan, with the Committee of Creditors recommending liquidation and a lack of compliance with the Insolvency and Bankruptcy Code. The Resolution Professional was appointed as the Liquidator to manage the liquidation process, following necessary procedures outlined by the Tribunal under Section 33(1) of the Code. en-us Tue, 16 Mar 2021 00:00:00 +0530 Thu, 19 May 2022 15:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405666 The Tribunal ordered the liquidation of Corporate Debtor Varanasi Auto Sales Limited due to the absence of a resolution plan, with the Committee of Creditors recommending liquidation and a lack of compliance with the Insolvency and Bankruptcy Code. The Resolution Professional was appointed as the Liquidator to manage the liquidation process, following necessary procedures outlined by the Tribunal under Section 33(1) of the Code. Case-Laws Insolvency and Bankruptcy Tue, 16 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405666