Corporate Debtor Dissolved as All Remaining Assets Assigned Under IBC Framework

Oriental Bank of Commerce Vs AVJ Infrastructure Private Limited (NCLT Delhi) The National Company Law Tribunal, Principal Bench, New Delhi, considered an application filed under Section 54 of the Insolvency and Bankruptcy Code, 2016, seeking dissolution of M/s AVJ Infrastructure Private Limited after completion of the liquidation process. The application was filed by the Liquidator, Mr. Brijender Singh Deswal. The Corporate Debtor had originally been admitted into the Corporate Insolvency Resolution Process (CIRP) on 30 September 2019 and was subsequently ordered to be liquidated on 6 November...