IN THE NATIONAL COMPANY LAW TRIBUNAL, DIVISION BENCH – II, CHENNAI IA (IBC)/2402(CHE)/2023 In IBA/901/2019 (Filed under Section 54 of the Insolvency and Bankruptcy Code, 2016 r/w Rule 11 of NCLT Rules, 2016)

In the matter of MPL Motors Private Limited A Mohan Kumar Liquidator of M/s. MPL Motors Private Limited Flat F 1, Sudarsan Apartments, 72, VGP Selva Nagar Second Main Road, Velachery, Chennai, 600042 … Applicant Order Pronounced on 5th March 2025 CORAM JYOTI KUMAR TRIPATHI, MEMBER (JUDICIAL)

RAVICHANDRAN RAMASAMY, MEMBER (TECHNICAL)

Present:

For Applicant: S.Sathiyanarayanan, Advocate

O R D E R

(Heard Through Hybrid Mode)

The present application has been filed under section 54 of the Insolvency and Bankruptcy Code, 2016 (herein after referred to as ‘Code’) by the liquidator of the Corporate Debtor, seeking for an order for Dissolution of the Corporate Debtor viz., MPL MOTORS PRIVATE LIMITED

2. It is submitted that Corporate Debtor was admitted into Corporate Insolvency Resolution Process (hereinafter referred to as CIRP) by this Hon’ble Tribunal vide order dated 20.11.2020 in IBA/901/2019 and appointed the applicant herein as the Interim Resolution Professional and subsequently appoin