https://www.taxtmi.com/caselaws?id=302052 The National Company Law Tribunal, Ahmedabad, ordered the liquidation of Corporate Debtor, M/s. Kohinoor Diamonds Pvt. Ltd, appointing Mr. Amit Gupta as the Liquidator in place of the Resolution Professional. The Committee of Creditors recommended liquidation due to the absence of a resolution plan within the CIRP period. With over 89% of COC members in favor, the Tribunal approved the liquidation, directing the Liquidator to proceed as per the Insolvency and Bankruptcy Code. en-us Tue, 13 Nov 2018 00:00:00 +0530 Tue, 18 Apr 2023 12:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302052 The National Company Law Tribunal, Ahmedabad, ordered the liquidation of Corporate Debtor, M/s. Kohinoor Diamonds Pvt. Ltd, appointing Mr. Amit Gupta as the Liquidator in place of the Resolution Professional. The Committee of Creditors recommended liquidation due to the absence of a resolution plan within the CIRP period. With over 89% of COC members in favor, the Tribunal approved the liquidation, directing the Liquidator to proceed as per the Insolvency and Bankruptcy Code. Case-Laws Insolvency and Bankruptcy Tue, 13 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302052