https://www.taxtmi.com/caselaws?id=296364 The Tribunal approved the liquidation application under Sections 33 and 34 of the Insolvency and Bankruptcy Code, 2016, for M/s Sahil International Pvt. Ltd. as no resolution plan was received within the stipulated period. The Committee of Creditors (COC) decided to liquidate the corporate debtor with a 100% majority. Mr. Harvinder Kumar Jatana was appointed as the liquidator after the Resolution Professional declined to act. Compliance with relevant regulations was noted, and directions for the liquidation process were provided, including the publication of a public announcement, filing of reports, and enforcement of personal guarantees by financial creditors. en-us Mon, 18 Nov 2019 00:00:00 +0530 Sat, 17 Jul 2021 07:26:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296364 The Tribunal approved the liquidation application under Sections 33 and 34 of the Insolvency and Bankruptcy Code, 2016, for M/s Sahil International Pvt. Ltd. as no resolution plan was received within the stipulated period. The Committee of Creditors (COC) decided to liquidate the corporate debtor with a 100% majority. Mr. Harvinder Kumar Jatana was appointed as the liquidator after the Resolution Professional declined to act. Compliance with relevant regulations was noted, and directions for the liquidation process were provided, including the publication of a public announcement, filing of reports, and enforcement of personal guarantees by financial creditors. Case-Laws Insolvency and Bankruptcy Mon, 18 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296364