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Corporate debtor was to be liquidated when there was no acceptable resolution plan and CoC decided to liquidate

February 14, 2020[2020] 113 taxmann.com 471 (NCLT - New Delhi)
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IBC : Where resolution process failed, there being no acceptable resolution plan and CoC with requisite majority had decided to liquidate corporate debtor, order for liquidation of corporate debtor was to be passed

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