The case involves an application (IA(IBC)/1035(KB)2022) filed under Section 54(2) of the Insolvency and Bankruptcy Code, 2016, read with regulation 45(3) of the IBBI (Liquidation Process) Regulations, 2016, by the Liquidator of SPS Steels Limited, the Corporate Debtor, seeking the dissolution of the corporate debtor. The Adjudicating Authority had previously initiated CIRP against the Corporate Debtor via an order dated 29/03/2019, appointing Mr. Nitesh Kumar More as the Interim Resolution Professional, who was later approved as the Resolution Professional by the Committee of Creditors. A liquidation order was passed on 06/01/2020, appointing the applicant as the Liquidator. The Adjudicating Authority had extended/excluded the liquidation period vide orders dated

The case involves an application (IA(IBC)/1035(KB)2022) filed under Section 54(2) of the Insolvency and Bankruptcy Code, 2016, read with regulation 45(3) of the IBBI (Liquidation Process) Regulations, 2016, by the Liquidator of SPS Steels Limited, the Corporate Debtor, seeking the dissolution of the corporate debtor. The Adjudicating Authority had previously initiated CIRP against the Corporate Debtor via an order dated 29/03/2019, appointing Mr. Nitesh Kumar More as the Interim Resolution Professional, who was later approved as the Resolution Professional by the Committee of Creditors. A liquidation order was passed on 06/01/2020, appointing the applicant as the Liquidator. The Adjudicating Authority had extended/excluded the liquidation period vide orders dated