9911796707
TMI Blog2022 (6) TMI 1046X X X X Extracts X X X X X X X X Extracts X X X X ..... amachandran Santha Krishnaprasad for dissolution of the Corporate Person through voluntary liquidation. The Corporate Person has completed the requisite formalities and procedure for liquidation in compliance with the extant Rules and Regulations and has filed this petition. 2. In the petition, it is stated that the Corporate Person was incorporated on 03rd March, 2011 with its Registered Office at TC 8/1133, Gayathri, Paracoil Road, Thirumala, Trivandrum, Kerala-695 006. The main object of the Company is to carry on all or any of the businesses of designing, development, manufacturing and sales of LED lighting products and built-in lights for inspection devices (including software, power-supply units and related parts). 3. It is also sta ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... untary liquidation from March 15, 2022. 5. The Liquidator under Regulation 14 of the Insolvency and Bankruptcy Board of India (Voluntary Liquidation) Regulations, 2017 made a Public Announcement in Form A in one English Newspaper (Times of India) and one regional language newspaper (Metro Vartha) with wide circulation at the location of the registered office and principal office of the corporate person and other places where the corporate person conducts material business operations, seeking submission of the claim by the stakeholders, if any, within 30 days from the date of commencement of liquidation. The Public Announcement was simultaneously submitted to the Insolvency and Bankruptcy Board of India (IBBI) to place the same on its websi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ts of the Company were fully liquidated. 11. The Liquidator had submitted the Final Report along with the audited certificates on the liquidation, showing receipts and payments pertaining to liquidation since the liquidation commencement date, prepared in accordance with Regulation 38 with the Registrar of Companies, Kerala on 10.03.2021 and IBBI via e-mail on 07.03.2022. The Liquidator stated that subsequent to the payment to Creditors and members of the Company, the liquidator has closed the liquidation account on 10.03.2022. The affairs of the Corporate Person have been completely wound up, and its assets were completely liquidated. 12. As per Section 59(7) of the Insolvency and Bankruptcy Code, 2016, the liquidator shall make an appli ..... X X X X Extracts X X X X X X X X Extracts X X X X
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