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    <title>2023 (2) TMI 378 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL , PRINCIPAL BENCH , NEW DELHI</title>
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    <description>The Tribunal affirmed the Adjudicating Authority&#039;s order initiating liquidation against a company, appointing a Liquidator, and rejecting a resolution plan. The Appellant&#039;s claims of non-cooperation, exclusion from the process, and malafide intentions were dismissed. The Tribunal upheld the decisions of the Committee of Creditors and Resolution Professional, directing compliance with the Insolvency and Bankruptcy Code. The Appellant&#039;s wilful defaulter status remained, hindering participation in the resolution process. The Tribunal dismissed the appeal and ordered dissemination of the judgment to the Adjudicating Authority.</description>
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      <description>The Tribunal affirmed the Adjudicating Authority&#039;s order initiating liquidation against a company, appointing a Liquidator, and rejecting a resolution plan. The Appellant&#039;s claims of non-cooperation, exclusion from the process, and malafide intentions were dismissed. The Tribunal upheld the decisions of the Committee of Creditors and Resolution Professional, directing compliance with the Insolvency and Bankruptcy Code. The Appellant&#039;s wilful defaulter status remained, hindering participation in the resolution process. The Tribunal dismissed the appeal and ordered dissemination of the judgment to the Adjudicating Authority.</description>
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