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TMI Blog2022 (3) TMI 1266X X X X Extracts X X X X X X X X Extracts X X X X ..... rded 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 - Application allowed. - (IB)-617/ND/2021 - - - Dated:- 23-3-2022 - Dharminder Singh, Member (J) And Sumita Purkayastha, Member (T) ORDER Sumita Purkayastha, Member (T) 1. This application 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. A.B.S Enterprise Private Limited (herein referred to as the ( Company ). 2. The aforesaid Company was incorporated under the provisions o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ith the Income Tax Authorities on 06.07.2020. Copy of the No Objection Certificate from the Income Tax has been placed on record. d. As per the requirement of Regulation 14 of the IBBI (Voluntary Liquidation Process) Regulations, 2017, the voluntary liquidator published a notification in the newspaper, namely, Business Standard in English and Jansatta in Hindi on 06.03.2020 respectively. 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. e. As per the requirement of Regulation 34 of the IBBI (Voluntary Liquidation Process) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e company from any authority whatsoever. 7. The applicant states that necessary compliances of Section 59 and other relevant provisions of the Insolvency and Bankruptcy Code, 2016 read with the regulations have been stated within time, more specifically submission of the Form GNL-2 to the ROC and the intimation to the IBBI vide email, after realisation and distribution of the assets to its members and closure of the Bank account. 8. In view 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. A copy of this order be filed with the ROC within the statutory period as per the applicab ..... X X X X Extracts X X X X X X X X Extracts X X X X
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