https://www.taxtmi.com/caselaws?id=421371 The National Company Law Tribunal, Hyderabad Bench, ordered the liquidation of the Corporate Debtor following the absence of Resolution Plans and resolutions by the Committee of Creditors. Shri K.J. Vinod was appointed as the Liquidator to oversee the liquidation process, with responsibilities outlined under the I & B Code, 2016. Operational creditors' claims admission applications were deemed infructuous due to the liquidation order. The appointed Liquidator was granted powers to manage the Corporate Debtor's affairs, including asset sales, while the moratorium under Section 14 of the Code ceased upon the liquidation order. en-us Fri, 25 Mar 2022 00:00:00 +0530 Sat, 23 Apr 2022 08:33:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421371 The National Company Law Tribunal, Hyderabad Bench, ordered the liquidation of the Corporate Debtor following the absence of Resolution Plans and resolutions by the Committee of Creditors. Shri K.J. Vinod was appointed as the Liquidator to oversee the liquidation process, with responsibilities outlined under the I & B Code, 2016. Operational creditors' claims admission applications were deemed infructuous due to the liquidation order. The appointed Liquidator was granted powers to manage the Corporate Debtor's affairs, including asset sales, while the moratorium under Section 14 of the Code ceased upon the liquidation order. Case-Laws Insolvency and Bankruptcy Fri, 25 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421371