2019 (10) TMI 417

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....licant : Mr Rohan Rajasekaran, Advocate For Resolution Professional ORDER 1. It is an MA filed u/s 33(2) of the Insolvency & Bankruptcy Code, 2016 (''the Code") by the Applicant (RP) seeking for liquidation of the Corporate Debtor basing on the resolution unanimously passed by the CoC on 20.06.2019. 2. It appears that this Company Petition was admitted on 26.09.2018 with an appointment of Mr. K....

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....view thereof, the Applicant (RP) herein placed this application annexing the resolution passed by the CoC on 20.06.2019 with 100% voting suggesting the same Resolution Professional's name to continue as Liquidator of the Corporate Debtor Company. 5. On being satisfied with the resolution passed by the CoC for liquidation of this company, this Bench hereby orders for liquidation with the following....

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....g the affairs of the Corporate Debtor. The Insolvency Professional appointed as liquidator will charge fees for conduct of the liquidation proceedings in proportion to the value of the liquidation estate assets as specified under regulation 4 of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 and the same shall be paid to the Liquidator from the proceeds of the....