2017 (10) TMI 669

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..... facts mentioned at para 10 of this report and further upon receipt of such clarification be pleased to pass appropriate order for Voluntary Liquidation of company if Hon'ble Court is satisfied with the clarification that would be submitted by the Voluntary Liquidator." 3. The Company named M/s. Varaha Infotech Pvt. Ltd. was registeed under the provisions of Companies Act, 1956 on 31.12.2012. The record of the report further indicates that the respondent submitted the record and documents pertaining to voluntary winding up of the said company with the office of the Official Liquidator on 11.01.2016. 4. The Official Liquidator has contended that on scrutiny of the said details, it is found that there are 10,000 shares and the following .....

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..... sed by the Extra Ordinary General Meeting of the Company was published in daily newspapers "Western Times", both in Gujarati and English edition on 19.02.2015 and in Official Gazette on 05.03.2015. 7. The Official Liquidator has further contended that the final settlement of the accounts of the company was approved at the general meeting of the company which was held on 30.04.2015 in pursuance of section 497 of the Act. It is also averred that thereafter, the voluntary liquidator, respondent herein, filed the accounts of the company in form no.156 and form no.157 as per Rule 329 and 331 of the Company Court Rules before the Registrar of Companies on 06.10.2015. 8. The Official Liquidator has further submitted that as per the position exis .....

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..... trar of Companies have also issued a letter of no objection against such winding up on 11.07.2017. 11. In light of the above, the Voluntary Liquidator is directed to submit the copy of the publication of final meeting in Gazette to the Official Liquidator as early as possible. The explanation rendered by the learned counsel appearing for respondent that there is a obvious mistake in the chart of assets, the said explanation is accepted. 12. From the facts and details stated hereinabove, it transpires that all necessary formalities have been completed and it is found that there is no objection to winding up the Company voluntarily and therefore, it is hereby directed that the Company shall stand dissolved from the date of this order. The v .....

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