https://www.taxtmi.com/caselaws?id=424205 The Tribunal approved the voluntary liquidation and dissolution of the Corporate Person under Section 59 of the Insolvency & Bankruptcy Code, 2016. The Corporate Person, engaged in LED lighting products, decided to close due to financial constraints. Following compliance with all procedures, the Liquidator successfully wound up the affairs, liquidated assets, and made payments to creditors. The Tribunal ordered the dissolution of the Corporate Person from the date of the order, directing the Liquidator to file the order with relevant authorities within fourteen days. en-us Fri, 10 Jun 2022 00:00:00 +0530 Fri, 24 Jun 2022 08:14:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424205 The Tribunal approved the voluntary liquidation and dissolution of the Corporate Person under Section 59 of the Insolvency & Bankruptcy Code, 2016. The Corporate Person, engaged in LED lighting products, decided to close due to financial constraints. Following compliance with all procedures, the Liquidator successfully wound up the affairs, liquidated assets, and made payments to creditors. The Tribunal ordered the dissolution of the Corporate Person from the date of the order, directing the Liquidator to file the order with relevant authorities within fourteen days. Case-Laws Insolvency and Bankruptcy Fri, 10 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424205