9911796707
TMI Blog2021 (8) TMI 948X X X X Extracts X X X X X X X X Extracts X X X X ..... nt), seeking dissolution. 2. It is pleaded that the Corporate Person is not carrying on any activities for more than 2 years. Accordingly, the Corporate Person has proposed for voluntarily winding up. The Liquidator has completed requisite legal formalities and procedure. 3. The Corporate Person having CIN: U74990MH2008PTC178964, is a Non-Government Company limited by shares, incorporated on 18.02.2008. The Board of Directors by a Resolution dated 09.12.2017 decided to liquidate the company voluntarily and recommended the appointment of Mr. Bharat Ramakant Upadhyay as the Liquidator. The Board also made a Declaration of Solvency on 09.12.2017 as required under Section 59(3)(a)(i) of the Code. Further, the Board after having made full inqu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of the Companies Act, 2013, as may be applicable, consents of the members of the Company be and is hereby accorded to liquidate the Company by way of voluntary liquidation, with effect from the date hereof. "RESOLVED THAT consent of the members of the Company be and is hereby accorded that Mr. Bharat Ramakant Upadhyay, Insolvency Professional, holding registration Number IBBI/IPA-002/IP-No. 0120/2017-18/10289, eligible to be appointed as a liquidation in terms of Regulation 6 of the VLP Regulations, be and is hereby appointed to act as liquidator of the Company for the purpose of voluntary liquidation of the Company at a remuneration of INR 75,000/- plus applicable taxes exclusive of any other liquidation expenses at actuals, reimbursemen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Mumbai does not have any objection with regard to the voluntary liquidation of the Corporate Person. The copy of the same is annexed to the Company Petition. 9. The Applicant submitted that after the adjustment of Liquidation amount and payment of Income Tax liability, surplus amount was distributed to the shareholders on 10.10.2018. The copy of the bank statement evidencing the distribution of the same and letters sent to shareholders intimating such distribution are annexed to the Company Petition. 10. The auditors have audited the accounts of Liquidation of Corporate Person as stated under Regulation 38 of the Regulations. The Liquidator has filed the final report dated 13.10.2018 stating that liquidation process has been completed and ..... X X X X Extracts X X X X X X X X Extracts X X X X
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