https://www.taxtmi.com/caselaws?id=298692 The Tribunal ordered the liquidation of the Corporate Debtor, M/s. IDEB Projects Pvt. Ltd., due to the absence of a compliant resolution plan within the stipulated timeframe. The decision was based on the rejection of Mr. H.S. Bedi's non-compliant proposal, as he was disqualified under Section 29A of the Insolvency and Bankruptcy Code. The Liquidator, Shri Velayudham Jayavel, was appointed, and the Tribunal allowed Mr. Bedi to pursue his pending Writ Petition challenging his status as a wilful defaulter in the Karnataka High Court for further clarification. en-us Fri, 08 Nov 2019 00:00:00 +0530 Tue, 16 Nov 2021 09:28:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298692 The Tribunal ordered the liquidation of the Corporate Debtor, M/s. IDEB Projects Pvt. Ltd., due to the absence of a compliant resolution plan within the stipulated timeframe. The decision was based on the rejection of Mr. H.S. Bedi's non-compliant proposal, as he was disqualified under Section 29A of the Insolvency and Bankruptcy Code. The Liquidator, Shri Velayudham Jayavel, was appointed, and the Tribunal allowed Mr. Bedi to pursue his pending Writ Petition challenging his status as a wilful defaulter in the Karnataka High Court for further clarification. Case-Laws Insolvency and Bankruptcy Fri, 08 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298692