https://www.taxtmi.com/caselaws?id=415008 The Adjudicating Authority admitted the application for Corporate Insolvency Resolution Process of the Corporate Debtor. The Committee of Creditors decided to liquidate the Corporate Debtor due to lack of assets, appointing a liquidator. The decision was based on a business judgment beyond judicial review. Various directions were issued, pending applications were noted, and administrative directives were given. The judgment detailed the process and legal provisions for the liquidation, concluding with the disposal of the application. en-us Tue, 16 Nov 2021 00:00:00 +0530 Wed, 24 Nov 2021 06:13:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415008 The Adjudicating Authority admitted the application for Corporate Insolvency Resolution Process of the Corporate Debtor. The Committee of Creditors decided to liquidate the Corporate Debtor due to lack of assets, appointing a liquidator. The decision was based on a business judgment beyond judicial review. Various directions were issued, pending applications were noted, and administrative directives were given. The judgment detailed the process and legal provisions for the liquidation, concluding with the disposal of the application. Case-Laws Insolvency and Bankruptcy Tue, 16 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415008