NCLT Chennai hears applications for the dissolution of Yosmite Engineering Pvt Ltd under the Insolvency and Bankruptcy Code.
Corporate Debtor's movable assets were sold for Rs 2.50 lakhs, with no further assets to be realized.
The CoC resolved for direct dissolution, but a transaction audit is pending concerning the promoter's other company.
Tribunal lists matter for 02.06.2026, directing the RP to submit the audit report for CoC's comments.