9911796707
TMI Blog2022 (1) TMI 618X X X X Extracts X X X X X X X X Extracts X X X X ..... preliminary report and receipt of submission of preliminary report, copy of public announcement made in the newspapers and copy of progress report. In compliance with the applicable provisions of the Code, final report under Regulation 45 of the IBBI (Liquidation Process) Regulation, 2016 has been annexed along with the present application. It is submitted that no litigations are pending with or threatened against the CD and no other material disputes are lying against the company. All the assets of the CD have been completely liquidated, this Authority in exercise of the powers conferred under Sub-section (2) of Section 54 of the I B Code, 2016, hereby orders the dissolution of the Corporate Debtor - Application allowed. - I.A. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ial Creditors ( FC ) and accordingly, the Liquidator has updated the list of claims received. 5. It is submitted that full claims received and admitted till date pursuant to the date of preliminary report are as follows: Received Claims ₹ 6650385 Total Claims Admitted ₹ 6650385 6. Pursuant to the order of liquidation, a liquidation account was opened with IDFC Bank, Barakhamba Road Branch, New Delhi. All bank accounts of the CD have been closed. The account closure certificates have also been filed by the liquidator. 7. It is stated that the CD has no amount left in its bank account and there are no remaining realizable asse ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , order that the corporate debtor shall be dissolved from the date of that order and the corporate debtor shall be dissolved accordingly. (3) A copy of an order under sub-section (2) shall, within seven days from the date of such order, be forwarded to the authority with which the corporate debtor is registered. 12. In view of the above, all the assets of the CD have been completely liquidated, this Authority in exercise of the powers conferred under Sub-section (2) of Section 54 of the I B Code, 2016, hereby orders the dissolution of the Corporate Debtor, viz, M/s. PRADEEP DOWNHOLE EQUIPMENTS PRIVATE LIMITED from the date of this order, and the Corporate Debtor stands dissolved. Consequently, the RP/Liquidator stands relieved. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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