https://www.taxtmi.com/caselaws?id=408948 The Tribunal ordered the dissolution of the Corporate Debtor after a thorough review of the insolvency and liquidation process. Despite efforts to find a resolution plan, the CoC decided to initiate liquidation, leading to the appointment of the Applicant as the Liquidator. The Liquidator successfully distributed assets to stakeholders, closed bank accounts, and obtained necessary clearances, ultimately complying with regulations. The Tribunal found the liquidation process was conducted properly and without fraudulent intent, resulting in the dissolution of the Corporate Debtor and discharge of the Liquidator. en-us Mon, 14 Jun 2021 00:00:00 +0530 Fri, 20 Feb 2026 17:20:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408948 The Tribunal ordered the dissolution of the Corporate Debtor after a thorough review of the insolvency and liquidation process. Despite efforts to find a resolution plan, the CoC decided to initiate liquidation, leading to the appointment of the Applicant as the Liquidator. The Liquidator successfully distributed assets to stakeholders, closed bank accounts, and obtained necessary clearances, ultimately complying with regulations. The Tribunal found the liquidation process was conducted properly and without fraudulent intent, resulting in the dissolution of the Corporate Debtor and discharge of the Liquidator. Case-Laws Insolvency and Bankruptcy Mon, 14 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408948