7. Learned Counsel also invited our attention to an order dated 11.11.2022 passed by this Tribunal in IA-3777/2022, wherein, the Tribunal has allowed the application filed by the Liquidator seeking dissolution of the Company i.e., FLPL Logistics Private Limited, the Corporate Debtor and directed that the said Corporate Debtor shall stand dissolved in terms of Section 54 of IBC, 2013. Further, Mr. Rishabh Chand Lodha was discharged as the Liquidator from his duties of the Corporate Debtor. The Learned Counsel, therefore submitted that since, the Corporate Debtor-Company has been dissolved and the Liquidator has been discharged from his duties, the present application is not maintainable and cannot be entertained. He also submitted that, in the order dated 21.12.2021, the Tribunal has directed that the asset in question i.e. Audi Q8 bearing Registration No. JIR 26DE 6789 shall bcome the part of the Liquidation Estate and the Respondent in the said application i.e., M/s. Volkswagen Finance Private Limited was directed to handover the possession of the asset to the Liquidator. Consequent thereto, the Liquidator has sold the asset and also distributed the amount to all the stakeholders realized by him. We also note that in compliance of order of this Tribunal dated 21.12.2021, the Liquidator has proceeded in accordance with law.
