https://www.taxtmi.com/caselaws?id=303703 The Tribunal ordered the immediate liquidation of the Corporate Debtor under Section 33(2) of the IBC, 2016, appointing Shri Shawn Jeff Christopher as the Liquidator. The Committee of Creditors, with 87% voting rights, approved liquidation, with liquidation costs and expenses up to Rs. 2,50,000 to be borne by the Corporate Debtor's funds. The Liquidator was directed to fulfill duties as per IBC sections and IBBI regulations, with the case being disposed of accordingly. en-us Wed, 19 Feb 2020 00:00:00 +0530 Sun, 07 Aug 2022 20:12:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303703 The Tribunal ordered the immediate liquidation of the Corporate Debtor under Section 33(2) of the IBC, 2016, appointing Shri Shawn Jeff Christopher as the Liquidator. The Committee of Creditors, with 87% voting rights, approved liquidation, with liquidation costs and expenses up to Rs. 2,50,000 to be borne by the Corporate Debtor's funds. The Liquidator was directed to fulfill duties as per IBC sections and IBBI regulations, with the case being disposed of accordingly. Case-Laws Insolvency and Bankruptcy Wed, 19 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303703