CoC Can Liquidate Corporate Debtor Before Resolution Plan Confirmation: NCLT Delhi

Tri-Wall Pak Private Limited Vs 5 Core Acoustics Private Limited (NCLT Delhi)

Introduction: In a significant decision, the National Company Law Tribunal (NCLT) Delhi has ordered the liquidation of M/s 5 Core Acoustics Private Limited following an application by the Resolution Professional, Mr. Radhey Shyam Yadav. This ruling, under Section 33(2) of the Insolvency and Bankruptcy Co

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