https://www.taxtmi.com/caselaws?id=407731 Complete liquidation and distribution of available assets satisfied the statutory requirements for dissolution under section 54 of the Insolvency and Bankruptcy Code, 2016. The liquidator's final report and Form-H compliance certificate showed that the corporate debtor's assets had been fully liquidated, the remaining bank balance had been distributed according to the waterfall mechanism, and no further recoverable assets remained for administration. On that basis, the statutory condition for dissolution was met and dissolution of the corporate debtor was ordered. en-us Mon, 03 May 2021 00:00:00 +0530 Thu, 20 May 2021 08:29:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407731 Complete liquidation and distribution of available assets satisfied the statutory requirements for dissolution under section 54 of the Insolvency and Bankruptcy Code, 2016. The liquidator's final report and Form-H compliance certificate showed that the corporate debtor's assets had been fully liquidated, the remaining bank balance had been distributed according to the waterfall mechanism, and no further recoverable assets remained for administration. On that basis, the statutory condition for dissolution was met and dissolution of the corporate debtor was ordered. Case-Laws Insolvency and Bankruptcy Mon, 03 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407731