NCLAT, Corporate Debtor liquidation justified as CoC abstains from Resolution Plan vote: Case of Subh Laxmi Investment Advisory Pvt Ltd vs CoC Sintex Plastics Technology, NCLAT Delhi Judgement Dated 04thApril 2025. The appellate tribunal held that order for liquidation of corporate debtor justified since Committee of Creditors [CoC] exercised its commercial wisdom and chose to abstain from voting for resolution plan. Thus, abstaining from voting for resolution plan resulted into expiry of CIRP period and led to liquidation. (NCLAT Delhi Judgement Dated 04/04/2025)