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2017 (8) TMI 251 - HC - Companies LawWinding up the Company voluntarily - Held that:- Upon perusal of the Books of Accounts nothing objectionable has been noticed. No public interest elements have been involved. The Income Tax Department was also requested by the liquidator regarding their appointment as liquidator of the Company vide letter dated 3.3.2016. No reply has been received from the Income Tax Department. The liquidator and Directors of the Company, however, have filed affidavits duly notarized on 16.8.2016 and 19.8.2016 declaring that there are no dues to the Government department or other authorities against the Company and no prosecution is pending. They also have agreed to indemnify in case any dues are found in future against the Company. The Registrar of Companies have also issued a letter of no objection against such winding up. It transpires that all necessary formalities have been completed and it is found that there is no objection to winding up the Company voluntarily and therefore, it is hereby directed that the Company shall stand dissolved from the date of this order. The voluntary liquidator shall preserve the books of accounts of the Company for the period of 5 years from today. He shall also ensure that the Official Liquidator is paid cost of ₹ 5,000/.
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