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2020 (8) TMI 888 - Tri - Insolvency and BankruptcyLiquidation of the Corporate Debtor - the approval of the CoC is sought, to liquidate the affairs of the Company under Section 33 of the Code, subject to the approval of this Tribunal - HELD THAT:- On reading the Application and the documents enclosed therein, for the IRP has complied with the procedure laid under the Code read with Insolvency & Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, on verification, this is a fit case to pass liquidation order under sub-section 2 of section 33 of the Code as the CoC decided to liquidate the Corporate Debtor. The Corporate Debtor is ordered to be liquidated - application allowed.
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