https://www.taxtmi.com/caselaws?id=422656 After completion of the corporate insolvency resolution process without any approved resolution plan, the adjudicating authority may order liquidation where the Committee of Creditors has validly resolved to liquidate the corporate debtor and appoint the proposed resolution professional as liquidator. The Tribunal noted repeated invitations for expression of interest, compliance with insolvency requirements, and the proposed liquidator's written consent, and then directed liquidation under the Code and the Liquidation Process Regulations. The existing moratorium ceased on commencement of liquidation, and the proposed resolution professional was appointed as liquidator of the corporate debtor. en-us Thu, 28 Apr 2022 00:00:00 +0530 Fri, 20 May 2022 08:59:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422656 After completion of the corporate insolvency resolution process without any approved resolution plan, the adjudicating authority may order liquidation where the Committee of Creditors has validly resolved to liquidate the corporate debtor and appoint the proposed resolution professional as liquidator. The Tribunal noted repeated invitations for expression of interest, compliance with insolvency requirements, and the proposed liquidator's written consent, and then directed liquidation under the Code and the Liquidation Process Regulations. The existing moratorium ceased on commencement of liquidation, and the proposed resolution professional was appointed as liquidator of the corporate debtor. Case-Laws Insolvency and Bankruptcy Thu, 28 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422656