https://www.taxtmi.com/caselaws?id=409718 The Corporate Debtor was ordered for liquidation under Section 33 of the Insolvency and Bankruptcy Code after multiple failed attempts at resolution. The Committee of Creditors (CoC) unanimously decided on liquidation as no viable resolution plan was received. The Adjudicating Authority appointed the Resolution Professional (RP) as the Liquidator, directing compliance with the IBC provisions, including reporting obligations and public announcements. The decision to liquidate was in line with statutory requirements and supported by the CoC's resolution, marking the end of the moratorium for the Corporate Debtor. en-us Mon, 05 Jul 2021 00:00:00 +0530 Thu, 15 Jul 2021 08:02:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409718 The Corporate Debtor was ordered for liquidation under Section 33 of the Insolvency and Bankruptcy Code after multiple failed attempts at resolution. The Committee of Creditors (CoC) unanimously decided on liquidation as no viable resolution plan was received. The Adjudicating Authority appointed the Resolution Professional (RP) as the Liquidator, directing compliance with the IBC provisions, including reporting obligations and public announcements. The decision to liquidate was in line with statutory requirements and supported by the CoC's resolution, marking the end of the moratorium for the Corporate Debtor. Case-Laws Insolvency and Bankruptcy Mon, 05 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409718