https://www.taxtmi.com/caselaws?id=421635 Where no resolution plan was received during the corporate insolvency resolution process and the committee of creditors unanimously recommended liquidation, the corporate debtor was directed into liquidation under the Insolvency and Bankruptcy Code. The adjudicating authority also appointed the existing resolution professional as liquidator because he had been proposed by the committee of creditors and his consent and authorization for assignment were on record. The liquidation process was therefore placed under the charge of the appointed liquidator in accordance with the insolvency framework. en-us Tue, 19 Apr 2022 00:00:00 +0530 Wed, 27 Apr 2022 18:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421635 Where no resolution plan was received during the corporate insolvency resolution process and the committee of creditors unanimously recommended liquidation, the corporate debtor was directed into liquidation under the Insolvency and Bankruptcy Code. The adjudicating authority also appointed the existing resolution professional as liquidator because he had been proposed by the committee of creditors and his consent and authorization for assignment were on record. The liquidation process was therefore placed under the charge of the appointed liquidator in accordance with the insolvency framework. Case-Laws Insolvency and Bankruptcy Tue, 19 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421635