https://www.taxtmi.com/caselaws?id=407548 Where the extended CIRP period expired without receipt of any expression of interest or resolution plan despite repeated publication of Form G, and the committee of creditors unanimously resolved to liquidate the corporate debtor, the adjudicating authority ordered liquidation under the insolvency framework. The resolution professional was appointed as liquidator, subject to the statutory requirements, because no resolution plan was available for consideration and liquidation became the prescribed course. en-us Thu, 15 Apr 2021 00:00:00 +0530 Fri, 14 May 2021 08:32:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407548 Where the extended CIRP period expired without receipt of any expression of interest or resolution plan despite repeated publication of Form G, and the committee of creditors unanimously resolved to liquidate the corporate debtor, the adjudicating authority ordered liquidation under the insolvency framework. The resolution professional was appointed as liquidator, subject to the statutory requirements, because no resolution plan was available for consideration and liquidation became the prescribed course. Case-Laws Insolvency and Bankruptcy Thu, 15 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407548