NCLT Jaipur orders dissolution of Siddhi Vinayak Polymers Pvt Ltd under Section 54 IBC after complete liquidation.
Liquidation initiated after CIRP failed to yield resolution plan; assets sold via e-auction in April 2024.
Sale proceeds covered only liquidation costs; no distribution made to stakeholders including SIDBI and EPFO.
Liquidator Garima Diggiwal discharged after filing final report and compliance certificate; ROC directed to record dissolution.