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2022 (4) TMI 778 - Tri - Insolvency and BankruptcySeeking dissolution of the Applicant Company - Section 59 of the Insolvency & Bankruptcy Code (described in short as IBC), 2016, read with Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017 - HELD THAT:- The Application is duly supported by the affidavit of the Liquidator. The Liquidator has distributed all the proceeds to the shareholders and has closed the Account. Further, in terms of Regulation 38 of the IBBI Regulations, the liquidator has submitted the Final Report to the IBBI & ROC through email on 15.10.2021. In view of the satisfaction accorded by the Liquidator by way of the present Petition, duly accompanied by his affidavit, the said Applicant Company is hereby dissolved with effect from the date of the present order. Application allowed.
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