NCLT Ahmedabad approves dissolution of Chidanand Multicommodities Ltd under Section 59 IBC following voluntary liquidation process.
Liquidator Keyur J Shah distributed Rs 30 lakh paid-up capital to equity shareholders after receiving zero claims from creditors.
Company surrendered its MCX trading membership in 2013 and complied with all ROC, IBBI, and income tax requirements.
Tribunal orders dissolution with directive to preserve records for 8 years and file order with all statutory authorities.