https://www.taxtmi.com/caselaws?id=796234 Liquidator appointment under the Insolvency and Bankruptcy Code must give due effect to a unanimous Committee of Creditors recommendation, subject to the statutory grounds for replacement and verification of the proposed professional's subsisting Authorisation for Assignment. A general IBBI communication cannot be used to exclude a recommended insolvency professional where it falls outside Section 34(4) or does not factually apply. An unresolved eligibility objection cannot independently support appointment of another liquidator, but the Adjudicating Authority must verify regulatory authorisation before charge is assumed. Routine liquidation steps already taken may be preserved, with appropriate costs and fees for work genuinely performed. en-us Fri, 31 Jul 2026 00:00:00 +0530 Mon, 03 Aug 2026 08:20:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796234 Liquidator appointment under the Insolvency and Bankruptcy Code must give due effect to a unanimous Committee of Creditors recommendation, subject to the statutory grounds for replacement and verification of the proposed professional's subsisting Authorisation for Assignment. A general IBBI communication cannot be used to exclude a recommended insolvency professional where it falls outside Section 34(4) or does not factually apply. An unresolved eligibility objection cannot independently support appointment of another liquidator, but the Adjudicating Authority must verify regulatory authorisation before charge is assumed. Routine liquidation steps already taken may be preserved, with appropriate costs and fees for work genuinely performed. Case-Laws IBC Fri, 31 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796234