https://www.taxtmi.com/caselaws?id=418654 Where the corporate insolvency resolution process has concluded without any resolution plan and the Committee of Creditors has unanimously voted for liquidation, the statutory conditions for liquidation under the Insolvency and Bankruptcy Code, 2016 are satisfied and liquidation follows. The text also states that a Resolution Professional may be appointed as liquidator where consent and required authorisation for assignment are in place and the Committee of Creditors has recommended the appointment. The Corporate Debtor was ordered into liquidation and the proposed Resolution Professional was appointed as liquidator. en-us Mon, 31 Jan 2022 00:00:00 +0530 Tue, 22 Feb 2022 07:22:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418654 Where the corporate insolvency resolution process has concluded without any resolution plan and the Committee of Creditors has unanimously voted for liquidation, the statutory conditions for liquidation under the Insolvency and Bankruptcy Code, 2016 are satisfied and liquidation follows. The text also states that a Resolution Professional may be appointed as liquidator where consent and required authorisation for assignment are in place and the Committee of Creditors has recommended the appointment. The Corporate Debtor was ordered into liquidation and the proposed Resolution Professional was appointed as liquidator. Case-Laws Insolvency and Bankruptcy Mon, 31 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418654