TMI Blog2021 (10) TMI 817X X X X Extracts X X X X X X X X Extracts X X X X ..... recting the Liquidator to file this order with concerned Registrar of Companies and IBBI within 14 days thereof. Petition allowed. - C.P. (IB) 79/MB/2021 - - - Dated:- 3-8-2021 - Suchitra Kanuparthi, Member (J) And Chandra Bhan Singh, Member (T) For the Appellant : Anand Daga, Liquidator ORDER Chandra Bhan Singh, Member (T) 1. This is a Company Petition filed under Section 59(7) of the Insolvency and Bankruptcy Code, 2016 (hereinafter called Code ) by a Corporate Person, namely Vidarbha Tannaries Private Limited through the Insolvency Professional, namely, Mr. Anand Daga for dissolution of the Corporate Person through voluntary liquidation and accordingly it has proposed for voluntarily winding up under Section 59 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... incorporated on 22.05.1979, having Registered Office at Shop No. 52, Yashwant Stadium, Dhantoli, Nagpur - 440 012. 4. The Board of Directors of the Corporate Person by a resolution dated 11.06.2020 decided to liquidate the company voluntarily. On 11.06.2020 the Board of Directors, after having made full inquiry into the affairs of the Corporate Person, formed an opinion that the Company has no debt and the Company is not being liquidated to defraud any person and filed a declaration to that effect and also filed declaration of solvency in form GNL-2 with Registrar of Companies, Mumbai on 15.06.2020 as required under Section 59(3)(a) of the Code. 5. The Applicant enclosed the Audited Financial Statement for the latest two Financial Yea ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... equired under Regulation 14 of IBBI (Voluntary Liquidation Process) Regulations, 2017 (hereinafter called IBBI Regulations ). No claims were received from any person pursuant to the said announcement. 10. The Liquidator further submits that as per Regulation 34 of IBBI Regulations, the Liquidator has duly opened a Bank Account on 14.10.2020 in the name and style of Vidarbha Tannaries Limited in Liquidation in Punjab National Bank (Mahajan Market Branch) and in proof of that he has enclosed the statement of Account and the said account was also closed. 11. The Liquidator submitted preliminary report to the IBBI, New Delhi. The Liquidator further filed audited accounts of liquidation and the statement in accordance with Regulation 38 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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