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2017 (12) TMI 1452 - GUJARAT HIGH COURTVoluntary winding up - Held that:- The Court having considered the contents of the present report and having considered that as stated in the report, since the Voluntary Liquidator has already discharged his functions and the Official Liquidator having found that the affairs of the company does not seem to have been conducted in the manner prejudicial to the interest of its members, as also to the public interest, the prayers sought in the present report could be considered. In view of above, the company is ordered to be dissolved in terms of Section 497(6) of the Act. The Voluntary Liquidator shall deposit the amount of ₹ 10,000/- being expenses relating to filing of the present report with the Official Liquidator within a period of two weeks from today. The Voluntary Liquidator shall also preserve the books of accounts of the company for a period of five years from today.
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