https://www.taxtmi.com/caselaws?id=414410 The Tribunal granted the application for dissolution of the Corporate Debtor due to the lack of assets for liquidation and the inability to discharge liabilities. The Liquidator was directed to make payments and reimbursements to financial creditors, with specific orders given to Tata Capital Financial Services Ltd. The final report was submitted, leading to the immediate dissolution of the Corporate Debtor in accordance with relevant regulations. The Liquidator was discharged, and the case was disposed of, with instructions to distribute any remaining cash balance and close the Liquidation Bank Account. en-us Thu, 07 Oct 2021 00:00:00 +0530 Mon, 08 Nov 2021 07:00:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414410 The Tribunal granted the application for dissolution of the Corporate Debtor due to the lack of assets for liquidation and the inability to discharge liabilities. The Liquidator was directed to make payments and reimbursements to financial creditors, with specific orders given to Tata Capital Financial Services Ltd. The final report was submitted, leading to the immediate dissolution of the Corporate Debtor in accordance with relevant regulations. The Liquidator was discharged, and the case was disposed of, with instructions to distribute any remaining cash balance and close the Liquidation Bank Account. Case-Laws Insolvency and Bankruptcy Thu, 07 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414410