The case pertains to the voluntary liquidation of Rhapsody Foods & Beverages Private Limited under Section 59 of the Insolvency and Bankruptcy Code (IBC), 2016. The company, incorporated in 1998, ceased operations in 2013-14 and resolved to voluntarily liquidate in 2017. The liquidator, Padmasri Appanam, filed an application for dissolution after complying with the necessary procedures as per the IBC and IBBI regulations.
Rhapsody Foods & Beverages Private Limited, incorporated on December 22, 1998, with a registered office in Hyderabad, Telangana, had an authorized share capital of Rs. 7,00,00,000. The company ceased operations from the financial year 2013-14 and had no intention of continuing business. On December 22, 2017, the Board of Directors passed a resolution for voluntary liquidation under the IBC, 2016. A declaration of solvency was made by the directors on January 13, 2018. Shareholders approved the voluntary liquidation in an extraordinary general meeting on January 29, 2018. Padmasri Appanam was appointed as the liquidator. Public announcements were made on February 2, 2018. The liquidator submitted a preliminary report and confirmed that the company had no tax
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Rhapsody Foods &…
The Company is not carrying on its operations…
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The case pertains to the voluntary liquidation of Rhapsody Foods & Beverages Private Limited under Section 59 of the Insolvency and Bankruptcy Code (IBC), 2016. The company, incorporated in 1998, ceased operations in 2013-14 and resolved to voluntarily liquidate in 2017. The liquidator, Padmasri Appanam, filed an application for dissolution after complying with the necessary procedures as per the IBC and IBBI regulations.
Rhapsody Foods & Beverages Private Limited, incorporated on December 22, 1998, with a registered office in Hyderabad, Telangana, had an authorized share capital of Rs. 7,00,00,000. The company ceased operations from the financial year 2013-14 and had no intention of continuing business. On December 22, 2017, the Board of Directors passed a resolution for voluntary liquidation under the IBC, 2016. A declaration of solvency was made by the directors on January 13, 2018. Shareholders approved the voluntary liquidation in an extraordinary general meeting on January 29, 2018. Padmasri Appanam was appointed as the liquidator. Public announcements were made on February 2, 2018. The liquidator submitted a preliminary report and confirmed that the company had no tax
…Rhapsody Foods &…
The Company is not carrying on its operations…
Sign in to view related legal provisions.