Nano Minpro Direct Dissolution Application Dismissed

NCLT Mumbai dismisses Resolution Professional's application for direct dissolution of Nano Minpro Private Limited under Section 54 of IBC.
Corporate Debtor had no assets, with only Rs. 11,471.35 in bank balance and nil operational receipts during CIRP.
CoC with 100% voting share initially passed contradictory resolutions for dissolution and liquidation, later clarifying for dissolution.
Tribunal holds that direct dissolution without completing CIRP and liquidation process is not permissible under IBC provisions.