Regulations 14. Early dissolution.—

Any time after the preparation of the Preliminary Report, if it appears to the liquidator that-

• (a) the realizable properties of the corporate debtor are insufficient to cover the cost of the liquidation process; and
• (b) the affairs of the corporate debtor do not require any further investigation;

he may apply to the Adjudicating Authority for early dissolution of the corporate debtor and for necessary directions in respect of such dissolution.