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![Liquidation of Corporate Debtor can be initiated When Successful Resolution Applicant Fails to Obtain Approvals Within One Year: NCLAT [Read Order] Liquidation of Corporate Debtor can be initiated When Successful Resolution Applicant Fails to Obtain Approvals Within One Year: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/25/500x300_2054259-liquidation-corporate-debtor-taxscan.webp)
Liquidation of Corporate Debtor can be initiated When Successful Resolution Applicant Fails to Obtain Approvals Within One Year: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) New Delhi bench has held that when a successful resolution applicant fails to obtain necessary...