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2021 (10) TMI 1340 - NATIONAL COMPANY LAW TRIBUNAL, KOLKATASeeking liquidation of the Corporate Debtor - the CIRP period has expired and no resolution plan was approved by the Committee of Creditors (CoC) - HELD THAT:- Section 33(1) of the Code enjoins the Adjudicating Authority to pass an order for liquidation of the Corporate Debtor where before the expiry of the insolvency resolution process period or the maximum period permitted for completion of the corporate insolvency resolution process does not receive a resolution plan under sub-section (6) of section 30. Application filed by Mr. Mr. Pankaj Dhanuka, RP of Corporate Power Limited, the Corporate Debtor, is allowed and the Corporate Debtor is ordered to be liquidated in terms of section 33(2) of the Code read with sub-section (1) thereof - application allowed.
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