https://www.taxtmi.com/caselaws?id=408751 The Tribunal set aside the order approving the Resolution Plan, declared it null and void, and directed liquidation orders due to the ineligibility of Respondent No. 2 under Section 29A of the IBC. Respondents No. 2 and 3 were ordered to pay costs and penalties to the Appellant and the Prime Minister's Relief Fund. The Resolution Professional was replaced, and the matter was remitted back to the Adjudicating Authority for further action. en-us Tue, 01 Jun 2021 00:00:00 +0530 Mon, 21 Jun 2021 09:33:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408751 The Tribunal set aside the order approving the Resolution Plan, declared it null and void, and directed liquidation orders due to the ineligibility of Respondent No. 2 under Section 29A of the IBC. Respondents No. 2 and 3 were ordered to pay costs and penalties to the Appellant and the Prime Minister's Relief Fund. The Resolution Professional was replaced, and the matter was remitted back to the Adjudicating Authority for further action. Case-Laws Insolvency and Bankruptcy Tue, 01 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408751