https://www.taxtmi.com/caselaws?id=420859 The Committee of Creditors unanimously resolved to liquidate the Corporate Debtor as a going concern, leading to the appointment of the Resolution Professional as the Liquidator under Section 34(4) of the Insolvency and Bankruptcy Code, 2016. The Adjudicating Authority ordered the liquidation, specifying the effective date, appointment of the Liquidator, and cessation of powers of the Board of Directors. The Liquidator was tasked with completing the liquidation process in accordance with the law. The judgment detailed the process and steps for the liquidation in compliance with the Code and regulations. en-us Wed, 30 Mar 2022 00:00:00 +0530 Tue, 12 Apr 2022 09:16:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420859 The Committee of Creditors unanimously resolved to liquidate the Corporate Debtor as a going concern, leading to the appointment of the Resolution Professional as the Liquidator under Section 34(4) of the Insolvency and Bankruptcy Code, 2016. The Adjudicating Authority ordered the liquidation, specifying the effective date, appointment of the Liquidator, and cessation of powers of the Board of Directors. The Liquidator was tasked with completing the liquidation process in accordance with the law. The judgment detailed the process and steps for the liquidation in compliance with the Code and regulations. Case-Laws Insolvency and Bankruptcy Wed, 30 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420859