https://www.taxtmi.com/caselaws?id=414130 The Tribunal granted the application for dissolution of the Corporate Debtor, Kokama International Private Limited, under sections 54(1) of the Insolvency & Bankruptcy Code, 2016. The liquidation process, including the disposal of assets and distribution of proceeds, was successfully completed. The secured creditor, ARCIL, realized its security interest in the assets through auctions, with the sale proceeds covering insolvency resolution and liquidation costs. With no other stakeholders making claims, the Corporate Debtor was dissolved, and the Liquidator discharged, concluding the proceedings. en-us Fri, 08 Oct 2021 00:00:00 +0530 Fri, 29 Oct 2021 04:49:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414130 The Tribunal granted the application for dissolution of the Corporate Debtor, Kokama International Private Limited, under sections 54(1) of the Insolvency & Bankruptcy Code, 2016. The liquidation process, including the disposal of assets and distribution of proceeds, was successfully completed. The secured creditor, ARCIL, realized its security interest in the assets through auctions, with the sale proceeds covering insolvency resolution and liquidation costs. With no other stakeholders making claims, the Corporate Debtor was dissolved, and the Liquidator discharged, concluding the proceedings. Case-Laws Insolvency and Bankruptcy Fri, 08 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414130