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    <title>2023 (4) TMI 1468 - NATIONAL COMPANY LAW TRIBUNAL, HYDERABAD</title>
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    <description>Application under Regulation 45 of the IBBI Liquidation Process Regulations sought dissolution of a corporate debtor. The tribunal accepted the resolution by the committee of creditors, found that liquidation and valuation had been completed and that there were no assets remaining for disposal by the resolution professional, and concluded the corporate debtor&#039;s affairs were fully wound up. Consequently, the tribunal ordered dissolution of the corporate debtor under Section 54(1) of the Insolvency and Bankruptcy Code and relieved the resolution professional of further duties.</description>
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      <description>Application under Regulation 45 of the IBBI Liquidation Process Regulations sought dissolution of a corporate debtor. The tribunal accepted the resolution by the committee of creditors, found that liquidation and valuation had been completed and that there were no assets remaining for disposal by the resolution professional, and concluded the corporate debtor&#039;s affairs were fully wound up. Consequently, the tribunal ordered dissolution of the corporate debtor under Section 54(1) of the Insolvency and Bankruptcy Code and relieved the resolution professional of further duties.</description>
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