2018 (12) TMI 1914

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..... kruptcy
Justice S.J. Mukhopadhaya, Chairperson and JusticeBansi Lal Bhat, Member Judicial For the Appellant : Mr. Om Prakash, Senior Advocate assisted by Mr. M. Anbalagan and Ms. Madhusmita Bora Advocates O R D E R These appeals have been preferred by 'ICICI Bank' and 'State Bank of India' (Financial Creditors) against the order dated 31st October 2018 passed by the Adjudicating Authority .....

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..... for the appellant and perused the record. We find that no 'resolution plan' was approved by the 'committee of creditors' and in the meantime 270 days having lapsed on 5th of September, 2018, the 'Resolution Professional' filed a miscellaneous application for liquidation, which is accepted and order of liquidation has been passed. On such order, as the 'committee of creditors' ceased to exist and .....

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