https://www.taxtmi.com/caselaws?id=418710 The Tribunal allowed the liquidation of the Corporate Debtor, M/s. Nizamiya Construction Private Limited, following a resolution by the Committee of Creditors with 100% voting for liquidation under Section 33(2) of the Insolvency and Bankruptcy Code. The Resolution Professional was appointed as the Liquidator, tasked with managing the liquidation process, investigating financial affairs, and submitting reports as per regulations. The order for liquidation led to the cessation of the moratorium under Section 14 of the Code, initiating a new moratorium under Section 33(5), with directions for communication to relevant parties for compliance and record-keeping. en-us Thu, 27 Jan 2022 00:00:00 +0530 Wed, 23 Feb 2022 08:27:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418710 The Tribunal allowed the liquidation of the Corporate Debtor, M/s. Nizamiya Construction Private Limited, following a resolution by the Committee of Creditors with 100% voting for liquidation under Section 33(2) of the Insolvency and Bankruptcy Code. The Resolution Professional was appointed as the Liquidator, tasked with managing the liquidation process, investigating financial affairs, and submitting reports as per regulations. The order for liquidation led to the cessation of the moratorium under Section 14 of the Code, initiating a new moratorium under Section 33(5), with directions for communication to relevant parties for compliance and record-keeping. Case-Laws Insolvency and Bankruptcy Thu, 27 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418710