https://www.taxtmi.com/caselaws?id=314218 NCLT Principal Bench New Delhi ordered liquidation of the corporate debtor under Section 33(2) of the Insolvency and Bankruptcy Code, 2016. The tribunal found no resolution plan was available and the statutory Corporate Insolvency Resolution Process (CIRP) period had expired. The Committee of Creditors (CoC) unanimously decided for liquidation. The application was allowed, directing liquidation to proceed according to Chapter III of Part II of the IBC, 2016 with imposed conditions. en-us Thu, 20 Sep 2018 00:00:00 +0530 Sun, 26 May 2024 14:22:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=314218 NCLT Principal Bench New Delhi ordered liquidation of the corporate debtor under Section 33(2) of the Insolvency and Bankruptcy Code, 2016. The tribunal found no resolution plan was available and the statutory Corporate Insolvency Resolution Process (CIRP) period had expired. The Committee of Creditors (CoC) unanimously decided for liquidation. The application was allowed, directing liquidation to proceed according to Chapter III of Part II of the IBC, 2016 with imposed conditions. Case-Laws Insolvency and Bankruptcy Thu, 20 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=314218