The case pertains to an application filed under Section 54 of the Insolvency and Bankruptcy Code, 2016, by the Liquidator, Manoj Kumar Jain, seeking an order for the dissolution of the Corporate Debtor, Infro-Alliance Trading Private Limited, which was already in liquidation. The Corporate Insolvency Resolution Process (CIRP) was initiated by European Projects & Aviation Limited, an Operational Creditor, under Section 9 of the IBC. Subsequently, the CoC decided to liquidate the Corporate Debtor, and the Tribunal initiated liquidation proceedings. The Liquidator took steps to intimate relevant parties, opened a liquidation account, issued a public announcement inviting claims, and appointed registered valuers to conduct valuation of the Corporate Debtor's assets.

The case pertains to an application filed under Section 54 of the Insolvency and Bankruptcy Code, 2016, by the Liquidator, Manoj Kumar Jain, seeking an order for the dissolution of the Corporate Debtor, Infro-Alliance Trading Private Limited, which was already in liquidation. The Corporate Insolvency Resolution Process (CIRP) was initiated by European Projects & Aviation Limited, an Operational Creditor, under Section 9 of the IBC. Subsequently, the CoC decided to liquidate the Corporate Debtor, and the Tribunal initiated liquidation proceedings. The Liquidator took steps to intimate relevant parties, opened a liquidation account, issued a public announcement inviting claims, and appointed registered valuers to conduct valuation of the Corporate Debtor's assets.