NCLT Jaipur orders dissolution of Metro Jet Airways Training Pvt. Ltd. following completion of its liquidation process.
Liquidator realized Rs. 10 lakh from asset e-auction, distributing Rs. 9.18 lakh to cover partial CIRP costs.
The corporate debtor had no business activity, employees, or assets since 2017, leading to a CoC-mandated liquidation.
Liquidator complied with all procedural requirements, including filing progress reports and undertaking for record preservation.