https://www.taxtmi.com/highlights?id=65569 CIRP proceedings - validity of order of liquidation - Wither the Resolution Professional (RP) has not at all taken any sincere efforts for obtaining appropriate resolution plan - there was complete non-cooperation by the appellants who were suspended directors of the corporate Debtor. It is further evident that COC resolution was with 100% voting for liquidation of the Corporate Debtor and as such we do not find any justification to interfere with the impugned order. - AT en-us Sat, 10 Sep 2022 15:00:12 +0530 Sat, 10 Sep 2022 15:00:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=65569 CIRP proceedings - validity of order of liquidation - Wither the Resolution Professional (RP) has not at all taken any sincere efforts for obtaining appropriate resolution plan - there was complete non-cooperation by the appellants who were suspended directors of the corporate Debtor. It is further evident that COC resolution was with 100% voting for liquidation of the Corporate Debtor and as such we do not find any justification to interfere with the impugned order. - AT Highlights Insolvency and Bankruptcy Sat, 10 Sep 2022 15:00:12 +0530 https://www.taxtmi.com/highlights?id=65569