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2024 Supreme(Online)(NCLT) 6

NATIONAL COMPANY LAW TRIBUNAL
Mr. Shammi Khan, Mr. Sameer Kakar, JJ
JANAK JAGJIVAN SHAH RESOLUTION PROFESSIONAL RAINBOW INFRABUILD PVT. LTD. VS


Advocates:
For the Petitioner:DHEERAJ GARG

ORDER

The case is fixed for pronouncement of the order. The order is being pronounced in the open court, vide spread sheet.

201, Kamdhenu Complex, Nr. Toran Dining Hall, Opp. Sales India, Income Tax, Ashram Road, Ahmedabad, Gujarat - 380009 …. Applicant Order Pronounced on 11.06.2024 CORAM:

1. The present Application IA(Dis.)/14(AHM)/2024 has been filed under Section 54 of the Insolvency and Bankruptcy Code, 2016 r.w. Regulation 14 of IBBI (Liquidation 3 of 17 Process) Regulations, 2016 r.w. Rule 11 of the NCLT Rules, 2016 by the Resolution Professional seeking relief as follows;

    a) Your Lordships be pleased to allow this Interlocutory Application;
    b) Your Lordships may be pleased to pass an order for dissolution of the Corporate Debtor namely Rainbow Infrabuild Pvt.
    Ltd.
    Bearing CIN U21098GJ2010PTC063364 and relieve the Applicant from his duties as the Resolution Professional;
    c) Your lordships may be pleased to direct the Registrar of the Companies to update the status of the Corporate Debtor as dissolved pursuant to allowing of this application;
    d) Your Lordships may be pleased to pass any other order as may deem fit in the interest of justice.

2. It is submitted that the Corporate Debtor

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