https://www.taxtmi.com/caselaws?id=407031 The Adjudicating Authority granted the application for dissolution of the Corporate Debtor, M/s. Orbis Infinium Private Limited, under Section 54 of the Insolvency and Bankruptcy Code, 2016. The decision was based on the complete liquidation of the Corporate Debtor's assets, fulfilling statutory requirements and compliance with Liquidation Regulations. The liquidator's submission of detailed reports, including a Preliminary and Final Report, confirmed the absence of assets and pending litigations, leading to the conclusion that dissolution was appropriate. The Authority ordered the dissolution and directed communication to the Registrar of Companies to finalize the liquidation process effectively. en-us Mon, 05 Apr 2021 00:00:00 +0530 Thu, 29 Apr 2021 10:24:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407031 The Adjudicating Authority granted the application for dissolution of the Corporate Debtor, M/s. Orbis Infinium Private Limited, under Section 54 of the Insolvency and Bankruptcy Code, 2016. The decision was based on the complete liquidation of the Corporate Debtor's assets, fulfilling statutory requirements and compliance with Liquidation Regulations. The liquidator's submission of detailed reports, including a Preliminary and Final Report, confirmed the absence of assets and pending litigations, leading to the conclusion that dissolution was appropriate. The Authority ordered the dissolution and directed communication to the Registrar of Companies to finalize the liquidation process effectively. Case-Laws Insolvency and Bankruptcy Mon, 05 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407031