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2022 (5) TMI 1308 - NATIONAL COMPANY LAW TRIBUNAL , NEW DELHI BENCHLiquidation of Corporate Debtor - Section 33(1) read with 60(5) of the Insolvency and Bankruptcy Code, 2016 - HELD THAT:- Since no resolution plan has been received by this Adjudicating Authority before the expiry of the maximum insolvency resolution process period and furthermore, the CoC has decided to liquidate the Corporate Debtor, therefore, the Corporate Debtor has to be ordered for Liquidation. Application allowed.
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