IBBI NCLAT Delhi Judgement Dated 30/05/2025 – Liquidation application to be proceeded as resolution plan not implemented

Case of Taguda Pte Ltd vs State Bank of India, NCLAT Delhi Judgement Dated 30th May 2025. The appellant authority held that application for liquidation of Corporate Debtor should be proceeded as there was sufficient ground to hold that resolution plan is not implemented. Accordingly, the appeal is dismissed. 

(Link: NCLAT Delhi Judgement Dated 30/05/2025)

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