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2021 (5) TMI 109 - Tri - Insolvency and BankruptcyLiquidation of Corporate Debtor - Section 33(2) read with Section 60(5) of the Insolvency and Bankruptcy Code, 2016 - HELD THAT:- The Applicant submitted that the Applicant/RP is not willing to continue as Liquidator. In this circumstance, this Adjudicating Authority as per Section 34(5) of the IBC, 2016 hereby directs the Insolvency and Bankruptcy Board of India (IBBI) to propose the name of another Insolvency Professional to be appointed as a Liquidator and IBBI as per Section 34(6) of the IBC, 2016, shall propose the name of another Insolvency Professional along with written consent from the Insolvency Professional in the specified form within 10 days from the date of receipt of this order. Post for further orders on 26.04.2021.
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