An insolvency professional appointed by NCLT to conduct the liquidation process of a corporate debtor when no resolution plan is approved or CIRP fails. The liquidator realises assets and distributes proceeds per the waterfall mechanism.
Last updated: 17 May 2026
An insolvency professional appointed by NCLT to conduct the liquidation process of a corporate debtor when no resolution plan is approved or CIRP fails. The liquidator realises assets and distributes proceeds per the waterfall mechanism.
Liquidator is significant under IBC because An insolvency professional appointed by NCLT to conduct the liquidation process of a corporate debtor when no resolution plan is approved or CIRP fails. The liquidator realises assets and distributes proceeds per the waterfall mechanism.
Liquidator under IBC applies to companies, professionals, and individuals involved in IBC-related compliance and regulatory matters in India. Specifically: An insolvency professional appointed by NCLT to conduct the liquidation process of a corporate debtor when no resolution plan is approved or CIRP fail...