https://www.taxtmi.com/caselaws?id=420228 The Tribunal ordered the dissolution of the company, M/s. A.B.S Enterprise Private Limited, under section 59 of the Insolvency and Bankruptcy Code. The decision was based on the satisfaction of the voluntary liquidator, compliance with regulations, absence of objections from relevant authorities, and meticulous adherence to procedural steps. The company had voluntarily decided to liquidate due to minimal business operations in previous financial years. The judgment emphasized the importance of regulatory compliance and confirmed no objections, leading to the immediate dissolution of the company with instructions to file the order with the Registrar of Companies. en-us Wed, 23 Mar 2022 00:00:00 +0530 Wed, 30 Mar 2022 08:33:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420228 The Tribunal ordered the dissolution of the company, M/s. A.B.S Enterprise Private Limited, under section 59 of the Insolvency and Bankruptcy Code. The decision was based on the satisfaction of the voluntary liquidator, compliance with regulations, absence of objections from relevant authorities, and meticulous adherence to procedural steps. The company had voluntarily decided to liquidate due to minimal business operations in previous financial years. The judgment emphasized the importance of regulatory compliance and confirmed no objections, leading to the immediate dissolution of the company with instructions to file the order with the Registrar of Companies. Case-Laws Insolvency and Bankruptcy Wed, 23 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420228