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2022 (7) TMI 240 - Tri - Insolvency and BankruptcySeeking dissolution of the Corporate Debtor - Section 54 of the IBC, 2016 - HELD THAT:- The facts and circumstances of the case, has established that due process of Liquidation, as per extant provisions, was followed by the Liquidator to liquidate the assets of Company and the realized amounts were also distributed to the respective claimants. Therefore, the liquidation process is deemed to have been completed under Chapter III of Part II of Code, and thus it would be just and proper for the Adjudicating Authority to dissolve the Company. No party is going to be affected by dissolving the company. M/s Bookawheel Technologies Private Limited, the Corporate Debtor, is hereby dissolved with immediate effect - Application allowed.
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