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2019 (10) TMI 6 - Tri - Insolvency and BankruptcyPermission for withdrawal of application - Liquidation/dissolution of the Corporate Debtor - Section 9 of the I&B Code, 2016 - HELD THAT:- There are no physical assets available for sale, this Authority in exercise of the powers conferred under Sub-section (2) of Section 54 of the I&B Code, 2016, hereby order the dissolution of the Corporate Debtor, viz., M/s. Sattur Sri Ganga Chit Funds Private Limited from the date of this Order, and the Corporate Debtor stands dissolved. Consequently, the Resolution Professional stands relived. The Resolution Professional and the Registry are directed to send the copy of this order within 7 days from the date of pronouncement to the RoC with which the Corporate Debtor is registered. Application disposed off.
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