https://www.taxtmi.com/caselaws?id=409659 The tribunal granted the application for dissolution of Mitlite Electric Company Private Limited under section 59 of the Insolvency and Bankruptcy Code, 2016. The company voluntarily decided to liquidate due to inactivity, with the Board and shareholders following proper procedures. The appointed liquidator fulfilled all requirements, including tax obligations and stakeholder notifications. With no creditors, the liquidation proceeded smoothly, culminating in the tribunal ordering immediate dissolution, marking the successful conclusion of the voluntary liquidation process. en-us Thu, 01 Jul 2021 00:00:00 +0530 Wed, 14 Jul 2021 06:27:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409659 The tribunal granted the application for dissolution of Mitlite Electric Company Private Limited under section 59 of the Insolvency and Bankruptcy Code, 2016. The company voluntarily decided to liquidate due to inactivity, with the Board and shareholders following proper procedures. The appointed liquidator fulfilled all requirements, including tax obligations and stakeholder notifications. With no creditors, the liquidation proceeded smoothly, culminating in the tribunal ordering immediate dissolution, marking the successful conclusion of the voluntary liquidation process. Case-Laws Insolvency and Bankruptcy Thu, 01 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409659