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2021 (6) TMI 1018 - NATIONAL COMPANY LAW TRIBUNAL , AHMEDABAD BENCHLiquidation of the Corporate Debtor - Section 33 r.w. Section 34 of the Insolvency & Bankruptcy Code, 2016 - HELD THAT:- An order of liquidation can be passed in the present case as no resolution has been received and COC has also resolved to do so. The COC has passed the resolution to liquidate the corporate debtor in compliance of section 39B & 39C of IBBI (CIRP) Regulations, 2016. The sole member of COC has also resolved to contribute to the costs of liquidation. The name of the RP has been proposed by the applicant in the present application whose name has already been approved by COC to act as liquidator. Hence the proposed RP/applicant is appointed to act as a liquidator. Application allowed.
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