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2019 (10) TMI 101 - Tri - Insolvency and BankruptcyAdmissibility of application - initiation of Corporate Insolvency Resolution Process (CIRP) - Corporate Debtor - HELD THAT:- As no Resolution Plan has been received by this Authority under Sub-section (6) of Section 30 of the I&B Code, 2016, before the expiry of the maximum period of 270 days of CIR Process, the Corporate Debtor has to be ordered for Liquidation. This Authority orders the liquidation of the Corporate Debtor viz., M/s. CT Ramanathan Infrastructure Private Limited, which shall be conducted in the manner as laid down in Chapter III of part II of the I&B Code, 2016. Application disposed off.
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