https://www.taxtmi.com/caselaws?id=422941 The court granted an application for the early dissolution of the Corporate Debtor under Section 54 of the Insolvency and Bankruptcy Code, 2016. The Liquidator reported the lack of tangible assets, leading to the decision for dissolution due to the absence of saleable assets. With no pending proceedings, the Corporate Debtor was ordered to be dissolved, and the case file was closed. The Registry was directed to inform relevant authorities, and the Registrar of Companies for necessary action. The application was allowed, and the Corporate Debtor was officially dissolved. en-us Wed, 11 May 2022 00:00:00 +0530 Thu, 26 May 2022 08:42:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422941 The court granted an application for the early dissolution of the Corporate Debtor under Section 54 of the Insolvency and Bankruptcy Code, 2016. The Liquidator reported the lack of tangible assets, leading to the decision for dissolution due to the absence of saleable assets. With no pending proceedings, the Corporate Debtor was ordered to be dissolved, and the case file was closed. The Registry was directed to inform relevant authorities, and the Registrar of Companies for necessary action. The application was allowed, and the Corporate Debtor was officially dissolved. Case-Laws Insolvency and Bankruptcy Wed, 11 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422941