Application u/s. 33(2) of IBC for liquidation of Corporate Debtor as confirmed by CoC stands approved

AMD Industries Limited Vs VHV Beverages Private Limited (NCLT Delhi) NCLT Delhi held that application under section 33(2) of the Insolvency and Bankruptcy Code for liquidation of Corporate Debtor [M/s. VHV Beverages Private Limited] is allowed as decided by Committee of Creditor [CoC]. Accordingly, the present application is allowed. Facts- This is an application filed on 18.06.2024 by Mr. Pankaj Mahajan, the Resolution Professional of M/S VHV Beverages Private Limited, the Corporate Debtor before this Adjudicating Authority u/s. 33(2) of the Insolvency and Bankruptcy Code, 2016 seeking initi...