NCLT Orders AVJ Infrastructure Dissolution After Liquidation

NCLT Principal Bench orders dissolution of AVJ Infrastructure Pvt Ltd under IBC Section 54 after a 5-year liquidation process.
Liquidator assigned all Not Readily Realizable Assets (NRRA) to Bellcore Management Services for Rs 12 lakh upfront plus future recovery shares.
Total admitted creditor claims stand at Rs 230.58 crore with zero distribution to date, pending future NRRA recoveries.
The liquidation process involved 10 SCC meetings, multiple timeline extensions, and assignment of sand stock and avoidance applications.