2021 (3) TMI 1444

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..... kruptcy
Justice Bansi Lal Bhat, Acting Chairperson And Dr. Ashok Kumar Mishra, Member (Technical) For the Appellants : Ms. Anne Mathew, Advocate. For the Respondent : None. ORDER The Adjudicating Authority (National Company Law Tribunal), Court-1, Mumbai Bench, has in terms of the impugned order dated 7th January, 2021 accepted the application of Resolution Professional under Section 33 of .....

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..... OC or the Adjudicating Authority but to send the Corporate Debtor into liquidation. 3. That apart, the Resolution of COC in regard to sending of Corporate Debtor into liquidation is not amenable to judicial review. The explanation to Section 33(2) by Act No. 26 of 2019 enforced w.e.f. 16th August, 2019 sufficiently makes it clear that the COC is empowered to take decision to liquidate the Corpora .....

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