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2019 (6) TMI 330 - Tri - Insolvency and BankruptcyLiquidation of the corporate debtor - HELD THAT:- The period of 180 days for completion of the insolvency resolution process is expiring on 16.02.2019 and the decision of the CoC was taken in this respect in the meeting held on 22.01.2019. The last date for receiving the Expression of Interest was 19.11.2018, but no resolution plan was received. As Resolution Professional submits that this application has been filed by the Resolution Professional on the basis of the resolution of the CoC recommending the Resolution Professional as Liquidator and a reference is made to the resolution to this effect at page 46 of the paper book. The instant application was filed on 29.01.2019. The Resolution Professional has also furnished his consent in Form AA at Annexure 7 with the application for being appointed as the Liquidator in terms of Section 34 (1) of the Code. He has given all the necessary particulars as required and perusal of the Form, we find the same to be in order. We order the liquidation of the corporate debtor M/s Sadhbhawana Impex Private Limited and appoint Mr.Sanjay Kumar Aggarwal, Resolution Professional as the Liquidator for the purposes of liquidation of the corporate debtor in terms of Section 33 (2) of the Code. His appointment as such will be with effect from the date of receipt of copy of this order. All the directions/requirements and provisions of Chapter III of the Code and Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 (hereinafter referred to as Liquidation Process Regulations, 2016) shall be strictly complied with. he Liquidator shall publish public announcement in accordance with Regulation 12 of the Liquidation Process Regulations, 2016 and in Form B of Schedule II
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