The case pertains to the voluntary liquidation of M/s. Reitz United Technologies Private Limited under Section 59 of the Insolvency and Bankruptcy Code, 2016. The company was incorporated in 1999 and decided to undergo voluntary liquidation as it was not willing to continue its business. The Board of Directors passed a resolution for voluntary liquidation on 21.08.2018, and the shareholders approved the voluntary liquidation in an extra-ordinary general meeting held on 27.08.2018. The liquidator, Mr. N.B. Kumar, initiated the liquidation process, issued public announcements, and submitted a preliminary report.
M/s. Reitz United Technologies Private Limited was incorporated under the Companies Act, 1956 on 02.06.1999. The company's registered office was located in Hyderabad. The authorized share capital of the company was Rs. 1,00,00,000, divided into 10,00,000 equity shares of Rs. 10 each. The issued and subscribed capital was Rs. 80,20,000, divided into 8,02,000 equity shares of Rs. 10 each, fully paid up. The company decided to undergo voluntary liquidation under Section 59 of the Insolvency and Bankruptcy Code, 2016, as it was not willing to continue its business. The Board of Directors passed a resolution on 21.08.2018 for voluntary liquidation, and the shareholders approved the voluntary liquidation in an extra-ordinary general meeting held on 27.08.2018. The
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M/s. Reitz United Technologies Private Limited…
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The case pertains to the voluntary liquidation of M/s. Reitz United Technologies Private Limited under Section 59 of the Insolvency and Bankruptcy Code, 2016. The company was incorporated in 1999 and decided to undergo voluntary liquidation as it was not willing to continue its business. The Board of Directors passed a resolution for voluntary liquidation on 21.08.2018, and the shareholders approved the voluntary liquidation in an extra-ordinary general meeting held on 27.08.2018. The liquidator, Mr. N.B. Kumar, initiated the liquidation process, issued public announcements, and submitted a preliminary report.
M/s. Reitz United Technologies Private Limited was incorporated under the Companies Act, 1956 on 02.06.1999. The company's registered office was located in Hyderabad. The authorized share capital of the company was Rs. 1,00,00,000, divided into 10,00,000 equity shares of Rs. 10 each. The issued and subscribed capital was Rs. 80,20,000, divided into 8,02,000 equity shares of Rs. 10 each, fully paid up. The company decided to undergo voluntary liquidation under Section 59 of the Insolvency and Bankruptcy Code, 2016, as it was not willing to continue its business. The Board of Directors passed a resolution on 21.08.2018 for voluntary liquidation, and the shareholders approved the voluntary liquidation in an extra-ordinary general meeting held on 27.08.2018. The
…M/s. Reitz United Technologies Private Limited…
The Board of Directors of the Company passed a…
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