https://www.taxtmi.com/caselaws?id=302023 The case involved the admission of a petition for Corporate Insolvency Resolution Process against a Corporate Debtor, appointment of an Interim Resolution Professional, and confirmation by the Committee of Creditors. Despite efforts to receive a viable resolution plan, the suspended Board of Directors' non-cooperation led to a decision for liquidation. The Liquidator was appointed, and relevant authorities were informed, marking the cessation of the moratorium and discharge of officers and employees. The case concluded with the disposal of the matter following the decision for liquidation. en-us Fri, 31 Jan 2020 00:00:00 +0530 Sat, 30 Apr 2022 20:32:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302023 The case involved the admission of a petition for Corporate Insolvency Resolution Process against a Corporate Debtor, appointment of an Interim Resolution Professional, and confirmation by the Committee of Creditors. Despite efforts to receive a viable resolution plan, the suspended Board of Directors' non-cooperation led to a decision for liquidation. The Liquidator was appointed, and relevant authorities were informed, marking the cessation of the moratorium and discharge of officers and employees. The case concluded with the disposal of the matter following the decision for liquidation. Case-Laws Insolvency and Bankruptcy Fri, 31 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302023