Home Case Index All Cases Companies Law Companies Law + Tri Companies Law - 2020 (7) TMI Tri This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2020 (7) TMI 802 - Tri - Companies LawLiquidation of Corporate Debtor - Section 33(1), 33(2) & 34(1) of the Insolvency & Bankruptcy Code, 2016 - HELD THAT:- The Corporate Debtor was admitted into Corporate Insolvency Resolution Process on 26.04.2019. Even after, multiple extension for submission of EOI no concrete proposal has come. The Committee of Creditors in its 6th meeting has passed a Resolution for liquidation of the Corporate Debtor with requisite majority. The Corporate Debtor needs to be liquidated - Application allowed.
|