https://www.taxtmi.com/caselaws?id=412287 Where the Committee of Creditors approved liquidation with the requisite voting share and no resolution plan was received during the Corporate Insolvency Resolution Process, liquidation was directed under the Insolvency and Bankruptcy Code. The Resolution Professional was also appointed as Liquidator, subject to holding a valid Authorisation for Assignment under the applicable IP regulations. The document further records that liquidation proceedings would commence under Chapter III of the Code, with the Liquidator assuming control and carrying out the statutory process. en-us Tue, 03 Aug 2021 00:00:00 +0530 Wed, 15 Sep 2021 09:00:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412287 Where the Committee of Creditors approved liquidation with the requisite voting share and no resolution plan was received during the Corporate Insolvency Resolution Process, liquidation was directed under the Insolvency and Bankruptcy Code. The Resolution Professional was also appointed as Liquidator, subject to holding a valid Authorisation for Assignment under the applicable IP regulations. The document further records that liquidation proceedings would commence under Chapter III of the Code, with the Liquidator assuming control and carrying out the statutory process. Case-Laws Insolvency and Bankruptcy Tue, 03 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412287