9911796707
TMI Blog2021 (1) TMI 1232X X X X Extracts X X X X X X X X Extracts X X X X ..... ul Mittal (Liquidator). The Application is filed under Section 59(7) of the Insolvency and Bankruptcy Code, 2016 r/w Regulation 38 (3) of IBBI (Voluntary Liquidation Process) Regulations, 2017 in relation to 'Tennant Cleaning Systems India Private Limited' (Company under Liquidation'). 2. The prayers made by the Applicant are as follows:- i To take on record the final report of the Liquidator and pass an order for dissolution of the corporate person. ii. To pass any other order or further orders as this Tribunal deems fit and proper. 3. It is stated that the Company viz., 'Tennant Cleaning Systems India Private Limited' was incorporated on 18.12.2008 under the provisions of the Companies Act, 1956. The Company Iden ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nding up of the affairs of the Company and appointment of the insolvency professional Mr. Atul Mittal to act as Liquidator. The 1st Extraordinary General Meeting was convened on 20.10.2020. 8. The Public Announcement in Form A, as per Regulation 14 of the IBBI (Voluntary Liquidation Process) Regulations, 2016, was published on 22.10.2020 in two newspapers 'Financial Express" (English) and 'Jansatta' (Hindi). It is stated that a letter dated 26.10.2020 was received by the liquidator, from M/s. Tennant Netherland Holding B.V. (holding 99.99% of the share capital of the Corporate Person), informing the Liquidator of their shareholding and for claiming the residual amount. The Liquidator paid off all the liabilities and the surplus ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... GST. 11. The Liquidator prepared the Preliminary Report on 01.12.2020 and submitted to the Board of Directors of the Company under Liquidation on 11.12.2020. The Liquidator has opened the bank account on 09.12.2020 with the Axis Bank, Gagan Vihar Branch New Delhi bearing bank account number 2006831 (Bank Account) in the name of the Company under Liquidation and the balance lying in the existing bank account was transferred to this account for the purpose of Voluntary liquidation of the Company. The bank account was closed on 22.07.2021. 12. The Liquidator prepared the Final Report in compliance of the Regulations and submitted it to the RoC on 30.07.2021 in Form GNL-2. 13. This Authority, directed the Liquidator, vide Order dated 09.08.2 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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