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2021 (5) TMI 610 - Tri - Insolvency and BankruptcyDissolution of the Corporate Debtor - Section 54(1) of the Insolvency & Bankruptcy Code, 2016 read with Regulation 45(3) of the Insolvency and Bankruptcy Board of India (Liquidation Process Regulations), 2016 - HELD THAT:- From perusal of the final report and the Compliance Certificate filed in Form-H by the Applicant, it is seen that the Corporate Debtor has been completely liquidated and in the circumstances as averred and as prayed for by the Applicant that an order for dissolution is required to be passed by this Tribunal under Section 54 of the IBC, 2016. The dissolution of the Corporate Debtor viz., M/s. Business Jets (India) Private Limited is ordered - application allowed.
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