https://www.taxtmi.com/caselaws?id=417153 The Tribunal ordered the dissolution of the Corporate Debtor under Section 54 of the Insolvency and Bankruptcy Code, 2016, relieving the RP/Liquidator from their duties. The Corporate Debtor had no remaining assets, ceased operations for over six years, and lacked future business prospects. The Liquidator complied with regulations, submitting required progress reports, and confirming the absence of pending litigations. The application was disposed of, with parties instructed to comply with the order, including forwarding a copy to the Registrar of Companies within seven days. en-us Fri, 07 Jan 2022 00:00:00 +0530 Mon, 17 Jan 2022 08:55:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417153 The Tribunal ordered the dissolution of the Corporate Debtor under Section 54 of the Insolvency and Bankruptcy Code, 2016, relieving the RP/Liquidator from their duties. The Corporate Debtor had no remaining assets, ceased operations for over six years, and lacked future business prospects. The Liquidator complied with regulations, submitting required progress reports, and confirming the absence of pending litigations. The application was disposed of, with parties instructed to comply with the order, including forwarding a copy to the Registrar of Companies within seven days. Case-Laws Insolvency and Bankruptcy Fri, 07 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417153