The remuneration payable to the liquidator which in the light of the recommendation of the CoC with the requisite percentage brings it within the ambit of Regulation 39D & it is immaterial which provision of the IBC squarely governs the passage of order of liquidation – Narinder Bhushan Aggarwal Vs. M/s. Little Bee International Pvt. Ltd & Anr. – NCLAT New Delhi

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