https://www.taxtmi.com/caselaws?id=408842 Where the CIRP expires without any resolution plan and the committee of creditors, in its commercial wisdom, resolves to liquidate the corporate debtor, liquidation may be ordered under the Insolvency and Bankruptcy Code, 2016 absent legal infirmity. Once liquidation is directed, the resolution professional may be appointed as liquidator if consent is furnished, and the statutory incidents of liquidation follow, including public announcement, the liquidation moratorium, notice to employees and workmen, and compliance with reporting and intimation requirements under the Code and liquidation regulations. en-us Tue, 15 Jun 2021 00:00:00 +0530 Wed, 23 Jun 2021 10:10:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408842 Where the CIRP expires without any resolution plan and the committee of creditors, in its commercial wisdom, resolves to liquidate the corporate debtor, liquidation may be ordered under the Insolvency and Bankruptcy Code, 2016 absent legal infirmity. Once liquidation is directed, the resolution professional may be appointed as liquidator if consent is furnished, and the statutory incidents of liquidation follow, including public announcement, the liquidation moratorium, notice to employees and workmen, and compliance with reporting and intimation requirements under the Code and liquidation regulations. Case-Laws Insolvency and Bankruptcy Tue, 15 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408842