corporate
debtor is to be driven into liquidation."
159. The CoC has been given wide powers under the
IBC. It can direct the Corporate
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driven by such a spirit in legally sound manner.
22. It is also to be noted that the PPA entered into between the power producer
applicable laws
is controlled by the adjudicating authority. The
adjudicating authority gives powers to the
insolvency professional to take appropriate action
against the directors ... envisaged for it under the IBC, which
sought to make the process driven by trained
resolution professionals."
15. Keeping in view the aforenoted ratio
behalf of the IBBI submitted that I & B Code
being market driven mechanism only the participants can identify their
professionals and insolvency resolution professional ... Financial Creditor)
submitted that the State Bank of India has 100% voting power. In the 6th
meeting of Committee of Creditors held
debtor must take
place beyond which the corporate debtor is to be driven into liquidation."
30) The Hon'ble Supreme Court while striking ... Debtor must take place
beyond which the Corporate Debtor is to be driven into liquidation.
Therefore, the Hon'ble Supreme Court keeping in view
debtor must take
place beyond which the corporate debtor is to be driven into liquidation."
14) The Hon'ble Supreme Court while striking ... Debtor must take place
beyond which the Corporate Debtor is to be driven into liquidation.
Therefore, the Hon'ble Supreme Court keeping in view
Debtor must
take place beyond which the Corporate Debtor is
to be driven into liquidation. Therefore, the
Hon'ble Supreme Court keeping in view ... extended the time beyond 330 days in
exceptional cases and the power is given to the
Tribunal i.e. the Adjudicating Authority and also
this