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Liquidation of Corporate Debtor - rejection of resolution plans - no Resolution Plan having been approved by the CoC within the period of CIRP of 180 days as well as the extended period of 90 days - only recourse is to press the liquidation mode as provided u/s 33 of IBC, 2016

Insolvency and Bankruptcy
18-5-2019

Liquidation of Corporate Debtor - rejection of resolution plans - no Resolution Plan having been approved by the CoC within the period of CIRP of 180 days as well as the extended period of 90 days - only recourse is to press the liquidation mode as provided u/s 33 of IBC, 2016

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