The case pertains to an application filed under Section 59 of the Insolvency and Bankruptcy Code, 2016, seeking voluntary liquidation and dissolution of Electrosteel Aviation Limited. The company was incorporated on March 23, 2010, and due to the non-availability of business prospects and long-term financial resources, the Board of Directors resolved to liquidate the affairs of the Corporate Person in a meeting held on July 15, 2021. The directors approved the declaration of insolvency and resolved to wind up the company under 'Members Voluntary winding up' at the Board meeting held on July 15, 2021. An Extraordinary General Meeting (EGM) was held on August 13, 2021, where a special resolution was passed to liquidate the Corporate Person voluntarily and to appoint Mr.

The case pertains to an application filed under Section 59 of the Insolvency and Bankruptcy Code, 2016, seeking voluntary liquidation and dissolution of Electrosteel Aviation Limited. The company was incorporated on March 23, 2010, and due to the non-availability of business prospects and long-term financial resources, the Board of Directors resolved to liquidate the affairs of the Corporate Person in a meeting held on July 15, 2021. The directors approved the declaration of insolvency and resolved to wind up the company under 'Members Voluntary winding up' at the Board meeting held on July 15, 2021. An Extraordinary General Meeting (EGM) was held on August 13, 2021, where a special resolution was passed to liquidate the Corporate Person voluntarily and to appoint Mr.