https://www.taxtmi.com/caselaws?id=798719 Death of an individual resolution applicant after CoC approval does not, by itself, make a resolution plan unimplementable or create a ground for liquidation under Section 33(1). The plan's continued viability must be assessed within the statutory framework, including whether an eligible, qualified and willing heir can implement it without Section 29A disqualification. Liquidation should not be ordered automatically where the plan or resolution request does not address that contingency. A pending Section 12A withdrawal application following a CoC-approved settlement must be considered according to law before liquidation; dismissing it as infructuous is unsustainable. The CIRP therefore remains revived pending adjudication of the withdrawal request. en-us Wed, 09 Sep 2026 00:00:00 +0530 Fri, 11 Sep 2026 08:13:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798719 Death of an individual resolution applicant after CoC approval does not, by itself, make a resolution plan unimplementable or create a ground for liquidation under Section 33(1). The plan's continued viability must be assessed within the statutory framework, including whether an eligible, qualified and willing heir can implement it without Section 29A disqualification. Liquidation should not be ordered automatically where the plan or resolution request does not address that contingency. A pending Section 12A withdrawal application following a CoC-approved settlement must be considered according to law before liquidation; dismissing it as infructuous is unsustainable. The CIRP therefore remains revived pending adjudication of the withdrawal request. Case-Laws IBC Wed, 09 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798719