https://www.taxtmi.com/caselaws?id=767004 In a voluntary liquidation under the Insolvency and Bankruptcy Code, the tribunal confined itself to the statutory scheme, which contemplates notice, completion of liquidation steps, and submission of the final report for adjudication. It held that no status report was required to be filed before it, it had no power in the present proceedings to extend the liquidation period or admit the status report on record, and procedural relief such as re-publication of the public announcement was not granted. The liquidator was left to complete the process in accordance with law and place the final report before the tribunal. en-us Fri, 06 Dec 2024 00:00:00 +0530 Sat, 08 Mar 2025 08:32:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767004 In a voluntary liquidation under the Insolvency and Bankruptcy Code, the tribunal confined itself to the statutory scheme, which contemplates notice, completion of liquidation steps, and submission of the final report for adjudication. It held that no status report was required to be filed before it, it had no power in the present proceedings to extend the liquidation period or admit the status report on record, and procedural relief such as re-publication of the public announcement was not granted. The liquidator was left to complete the process in accordance with law and place the final report before the tribunal. Case-Laws IBC Fri, 06 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767004