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TMI Blog2022 (3) TMI 1266X X X X Extracts X X X X X X X X Extracts X X X X ..... ion is filed under section 59 of the Insolvency and Bankruptcy Code, 2016 (Code) read with Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017 (IBBI Regulations) by the Voluntary Liquidator seeking dissolution of M/s. A.B.S Enterprise Private Limited (herein referred to as the ("Company"). 2. The aforesaid Company was incorporated under the provisions of Com ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uidation of the company and the said decision was made after making a full enquiry into the affairs of the company. Declaration of Solvency filed with the ROC in form GNL-2 vide SRN: R44113934 on 01.07.2020. b. Pursuant to the provisions of Section 59 of the Code and other applicable provisions of the Code, the Extra ordinary general meeting passed a special resolution dated 02.07.2020 whereby M ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ublished on its official website. In terms of Regulation 30, it is submitted that no claims were received from any creditor. e. As per the requirement of Regulation 34 of the IBBI (Voluntary Liquidation Process) Regulations, 2017, it is submitted that a Punjab National Bank Account dated 05.08.2020 was opened in the name of " A.B.S Enterprises Private Limited in Voluntary Liquidation". The sai ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... his Bench had directed that notices be issued to the RoC. The ROC has filed their reply stating that an Affidavit of Solvency was filed by the Director deposing that the Company was not being liquidated to defraud any person. 6. Pursuant to the service of the notices to the ROC and IBBI, no objection has been raised by them. The voluntary liquidator has filed an affidavit confirming that neither ..... X X X X Extracts X X X X X X X X Extracts X X X X
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