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2022 (9) TMI 747 - Tri - Insolvency and BankruptcySeeking liquidation of the Corporate Debtor - Section 33 of IBC - HELD THAT:- Section 33(2) of the Code enjoins the Adjudicating Authority to pass an order for liquidation of the Corporate Debtor where the Resolution Professional, at any time during the corporate insolvency resolution process but before confirmation of resolution plan, intimates the Adjudicating Authority of the decision of the committee of creditors approved by not less than sixty-six percent of voting share to liquidate the corporate debtor. The Corporate Debtor is ordered to be liquidated in terms of section 33(2) of the Code - Application allowed.
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