2022 (3) TMI 281

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 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. Shivalik Medico Private Limited (herein referred to as the ("Company"). 2. The aforesaid Company was incorporated under the provisions of Compani .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... untarily liquidate the company. For this purpose, an Extra Ordinary General Meeting of the members was held on 12.10.2020 to approve the Voluntary Liquidation 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 on 14.09.20210(sic). c. Pursuant to the provisions of Section 59 of the Cod .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ively. In terms of the Regulation 14(3)(c) of the IBBI Regulations, the liquidator served a copy of public announcement to IBBI to be published on its official website. In terms of Regulation 30, it is submitted that no claims were received from any creditor. f. As per the requirement of Regulation 34 of the IBBI (Voluntary Liquidation Process) Regulations, 2017, it is submitted that a Bank Ac .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ed to the ROC in From GNL-2 as well as IBBI dated 19th August, 2021. j. It is further submitted that ROC has filed status report dated 13.12.2021 in compliance of the directions of the NCLT order dated 21.10.2021. 5. When the matter was first heard, this 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 Dir .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ew of the foregoing and in view of the satisfaction accorded by the voluntary liquidator by way of the present application, the said company is hereby dissolved with effect from the date of the present order. 9. A copy of this order be filed with the ROC within the statutory period as per the applicable provisions. 10. The petition is accordingly allowed in the above terms.
Case laws, Decisi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X