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2022 (4) TMI 779 - Tri - Insolvency and BankruptcyLiquidation of the Corporate Debtor Company - sub-section 1 of section 33 of I&B Code - HELD THAT:- On reading the Application and the documents enclosed therein, it is clear that, the RP has complied with the procedure laid under the Code read with Insolvency & Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (Regulations), and thus this case is fit to pass liquidation order under sub-section 1 of section 33 of the Code as no resolution plan has been submitted before the Adjudicating Authority by the Resolution Professional. Application allowed.
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