https://www.taxtmi.com/caselaws?id=417048 The Tribunal ordered the liquidation of the Corporate Debtor, M/s. Sainsons Pulp and Papers Limited, in accordance with Chapter III of the Insolvency & Bankruptcy Code, 2016. The Resolution Professional was appointed as the Liquidator with specified responsibilities and fees. The order included directives on asset transfer, commencement of liquidation, reporting obligations, and cessation of the Board of Directors' powers. Various provisions for the liquidation process, including moratorium initiation and communication requirements, were outlined. The Tribunal finalized the decision to liquidate the Corporate Debtor and appointed the Resolution Professional as the Liquidator. en-us Tue, 21 Dec 2021 00:00:00 +0530 Fri, 14 Jan 2022 08:37:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417048 The Tribunal ordered the liquidation of the Corporate Debtor, M/s. Sainsons Pulp and Papers Limited, in accordance with Chapter III of the Insolvency & Bankruptcy Code, 2016. The Resolution Professional was appointed as the Liquidator with specified responsibilities and fees. The order included directives on asset transfer, commencement of liquidation, reporting obligations, and cessation of the Board of Directors' powers. Various provisions for the liquidation process, including moratorium initiation and communication requirements, were outlined. The Tribunal finalized the decision to liquidate the Corporate Debtor and appointed the Resolution Professional as the Liquidator. Case-Laws Insolvency and Bankruptcy Tue, 21 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417048