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2021 (11) TMI 607 - NATIONAL COMPANY LAW TRIBUNAL , HYDERABAD BENCHSeeking Liquidation of Corporate Debtor - section 33(1)(a) of Chapter III of IBC, 2016 - Seeking appointment of Resolution Professional as Liquidator for administering the Liquidation Process of the Corporate Debtor - HELD THAT:- Since this Adjudicating Authority did not receive any Resolution Plan under Sub-Section (6) of Section 30 of the I&B Code, 2016, this Adjudicating Authority deems it proper to allow the Application. This Adjudicating Authority hereby order for Liquidation of M/s. Velugu Engineering and Enterprises 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 allowed.
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