https://www.taxtmi.com/article/detailed?id=15528 Failure by a successful resolution applicant to obtain mandatory regulatory approvals and to fund obligations within stipulated timelines constitutes breach of implementation conditions, permitting invocation of bid and performance bank guarantees and rendering liquidation the statutory mechanism to prevent asset deterioration and protect creditor interests. en-us Mon, 01 Dec 2025 08:51:51 +0530 Mon, 01 Dec 2025 08:51:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15528 Failure by a successful resolution applicant to obtain mandatory regulatory approvals and to fund obligations within stipulated timelines constitutes breach of implementation conditions, permitting invocation of bid and performance bank guarantees and rendering liquidation the statutory mechanism to prevent asset deterioration and protect creditor interests. Articles Corporate Laws / IBC / SEBI Mon, 01 Dec 2025 08:51:51 +0530 https://www.taxtmi.com/article/detailed?id=15528