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2020 (11) TMI 847 - Tri - Insolvency and BankruptcyLiquidation of Corporate Debtor - section 33 & 34 of the Insolvency and Bankruptcy Code, 2016 - exemption of Lockdown period from the filling of the instant application - HELD THAT:- It is found that there is no possibility of receiving any Resolution Plan. Therefore, the CoC has resolved for liquidation of the Corporate Debtor vide its Sixth meeting dated 17.02.2020. It is also to be noted that this Adjudicating Authority has no jurisdiction to interfere in the commercial wisdom of the CoC as observed in K. Sasidhar's case [2019 (11) TMI 731 - SUPREME COURT]. The Adjudicating Authority passes an order for initiation of liquidation of the Corporate Debtor viz., Neuromed Imaging Centre Private Limited - Application allowed.
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