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2022 (8) TMI 1203 - Tri - Insolvency and BankruptcySeeking dissolution of the monitoring Committee of the Corporate Debtor - Section 60(5) of the Insolvency and Bankruptcy Code, 2016 read with Rule 11 of the NCLT Rules, 2016 - HELD THAT: - The Supplementary Affidavits filed by the Resolution Applicant- BRS Ventures Investment Limited are taken on record. It is found that on the assurance given by the Resolution Applicant, BRS Ventures Investment Limited for undertaking and declaration, the Members of the Monitoring Committee have unanimously agreed for dissolution of the Monitoring Committee on 18.05.2022 and subsequently the Resolution Applicant, BRS Ventures Investment Limited has provided the said declaration and undertaking on 06.06.2022. The Monitoring Committee is dissolved with effect from the date of this Order - application allowed.
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