https://www.taxtmi.com/caselaws?id=425937 The Tribunal ordered the immediate dissolution of the Corporate Debtor under Section 54 of the Insolvency & Bankruptcy Code, 2016. The liquidation process, including stakeholder claims, SCC meetings, and financial details, was meticulously conducted. Despite delays caused by absconding promoters, the Tribunal deemed the dissolution just and equitable, affirming the correctness of the processes followed. The Corporate Debtor's affairs were successfully wound up, assets liquidated, and the Tribunal directed necessary actions for discharge of the Liquidator. en-us Fri, 29 Jul 2022 00:00:00 +0530 Thu, 04 Aug 2022 08:33:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425937 The Tribunal ordered the immediate dissolution of the Corporate Debtor under Section 54 of the Insolvency & Bankruptcy Code, 2016. The liquidation process, including stakeholder claims, SCC meetings, and financial details, was meticulously conducted. Despite delays caused by absconding promoters, the Tribunal deemed the dissolution just and equitable, affirming the correctness of the processes followed. The Corporate Debtor's affairs were successfully wound up, assets liquidated, and the Tribunal directed necessary actions for discharge of the Liquidator. Case-Laws Insolvency and Bankruptcy Fri, 29 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425937