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2022 (1) TMI 360

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..... untary Liquidation Process) Regulations, 2017 is filed by the Corporate Person through its liquidator(Insolvency Professional) for its voluntary liquidation. 2. The aforesaid Company, Daiichi Sankyo India Pharma Private Limited, is a private limited company incorporated on 13.03.2007 under the provisions of Companies Act, 1956 having CIN: U24233HR2007PTC044362. The registered office of the Company is presently situated at Unit 62, Level 18, One Horizon Center, Golf Course Road, DLF Phase 5, Sector-43, Gurgaon, Haryana which lies within the territorial jurisdiction of this Bench. The main objects of the company was to register, purchase, import, manufacture, sell, distribute, promote, market and detail pharmaceutical products. 3. It is ave .....

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..... , Insolvency Professional as Liquidator, with a remuneration which shall be fixed by the director for performing the duties of the Liquidator of the Corporate Person as required under Section 59(3)(c)(i) of the Code. Accordingly, the liquidation of the company is deemed to have commenced on 07.09.2017. 7. The Company has notified about passing of a special resolution to liquidate itself to the Insolvency and Bankruptcy Board of India (IBBI) through letter dated 12th September 2017. The Registrar of Companies, NCT of Delhi and Haryana by virtue of filing e-Form MGT 14 vide SRN G52677606 dated 12 September 2017 and the Liquidator has also received No Objection Certificates (NOC) for closure of M/s Daiichi Sankyo India Pharma Private Limited, .....

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..... g the realization to the members of the Company, containing the details as required under Regulation 38 of IBBI (Voluntary Liquidation Process) Regulations, 2017 as prepared by the Liquidator has been submitted to the Registrar of Companies in Form GNL-2 and was submitted to the RoC and IBBI. 11. It is further submitted that the Bank Statement showing repatriation of amounts to the Shareholders and Nil Balance of Bank Account in Voluntary Liquidation is attached with the main petition and is marked as Annexure P-15. 12. We have heard the counsel appearing for the Liquidator for the Corporate Person and perused the records and extend provisions of the Code and Rules/ Regulations made thereunder. 13. In the present case, it may be seen fro .....

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..... e Adjudicating Authority. The concerned RoC has also submitted in its report that as per data available and maintained, no inquiry/inspection/complaint/legal action has been proceeded/pending against the subject company. 15. In view of the discussion foregoing, the applicant Company is hereby dissolved in terms of Section 59(8) of the Insolvency & Bankruptcy Code, 2016 with effect from the date of the present order. 16. The Liquidator is directed to communicate a copy of this order to the Registrar of Companies (NCT of Delhi & Haryana), wherein the registered office of the company was situated. Such Communication should be made within the stipulated period of fourteen (14) days in terms of Section 59(9) of the Insolvency & Bankruptcy Code .....

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