https://www.taxtmi.com/caselaws?id=413658 Where no resolution plan was received within the extended CIRP period and the Committee of Creditors approved liquidation with 100% voting share, the Adjudicating Authority was required to act on that statutory mandate and order liquidation under the Insolvency and Bankruptcy Code, 2016. The decision also resulted in appointment of a liquidator, issuance of public announcement, cessation of the earlier moratorium, and commencement of liquidation proceedings under the Code and the Liquidation Process Regulations. en-us Wed, 06 Oct 2021 00:00:00 +0530 Mon, 18 Oct 2021 09:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413658 Where no resolution plan was received within the extended CIRP period and the Committee of Creditors approved liquidation with 100% voting share, the Adjudicating Authority was required to act on that statutory mandate and order liquidation under the Insolvency and Bankruptcy Code, 2016. The decision also resulted in appointment of a liquidator, issuance of public announcement, cessation of the earlier moratorium, and commencement of liquidation proceedings under the Code and the Liquidation Process Regulations. Case-Laws Insolvency and Bankruptcy Wed, 06 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413658