TMI Blog2022 (6) TMI 1046X X X X Extracts X X X X X X X X Extracts X X X X ..... rporate Person shall stand dissolved from the date of this order - Petition allowed. - CP (IB) /30/KOB/2022 - - - Dated:- 10-6-2022 - Hon ble Mr. Ashok Kumar Borah , Member ( Judicial ) And Hon ble Mr. Anil Kumar. B , Member ( Technical ) For Petitioner/Liquidator Shri. Ramachandran Santha Krishnaprasad ( in person ). ORDER Per : Ashok Kumar Borah , Member ( J ) This is a Company Petition filed under Section 59 of the Insolvency Bankruptcy Code, 2016 in the matter of M/s. CCS-Elux Lighting Engineering Private Limited through the Liquidator Shri Ramachandran Santha Krishnaprasad for dissolution of the Corporate Person through voluntary liquidation. The Corporate Person has completed the requisite formalities and proc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ncy and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017 to liquidate the Company voluntarily and appointed Mr. Ramachandran Santha Krishnaprasad, an Insolvency Professional, having IP Registration No. IBBI/IPA-002/1P-NO0944/2020-2021/13058 to act as liquidator of the Company. Copy of resolution along with supporting documents were filed with Registrar of Companies, Kochi in form MGT-14 vide SRN TO9537325. The operational creditor of the company submitted their no-objection certificate stating that they have no objection to the company going into voluntary liquidation from March 15, 2022. 5. The Liquidator under Regulation 14 of the Insolvency and Bankruptcy Board of India (Voluntary Liquidation) Regulations, 2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f the company, the valuation of assets of the company was not undertaken. Based on the verification of books and the claim received from the creditors of the Company, the Liquidator made payments to the creditor in the following manner: Sl Name of Creditor Amount Transferred to 1. Jigar P. Shaw Associates 11800.00 ICICI Bank Ltd.,JMC House Branch, Account No. 002405501202 10. It is stated that post-payment to the Creditors, investment in the share capital of Rs. 18,75,186.41/- was paid back to the members of the Company and with the aforesaid payments to the members, the asse ..... X X X X Extracts X X X X X X X X Extracts X X X X
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