https://www.taxtmi.com/caselaws?id=420904 The National Company Law Tribunal, Ahmedabad Bench upheld the decision of the Committee of Creditors to liquidate M/s. Eagle Corporation Private Limited. The Tribunal appointed a new Resolution Professional as the Liquidator, initiating the liquidation process in accordance with the Insolvency and Bankruptcy Code, 2016. The admission of the liquidation application ceased the moratorium under Section 14 and triggered a fresh moratorium under Section 33(5), impacting relevant parties such as the Corporate Debtor, Liquidator, and regulatory authorities for compliance. en-us Wed, 30 Mar 2022 00:00:00 +0530 Wed, 13 Apr 2022 08:38:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420904 The National Company Law Tribunal, Ahmedabad Bench upheld the decision of the Committee of Creditors to liquidate M/s. Eagle Corporation Private Limited. The Tribunal appointed a new Resolution Professional as the Liquidator, initiating the liquidation process in accordance with the Insolvency and Bankruptcy Code, 2016. The admission of the liquidation application ceased the moratorium under Section 14 and triggered a fresh moratorium under Section 33(5), impacting relevant parties such as the Corporate Debtor, Liquidator, and regulatory authorities for compliance. Case-Laws Insolvency and Bankruptcy Wed, 30 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420904