The Corporate Person, Techem Energy Services India Private Limited, filed a petition under Section 59(7) of the Insolvency and Bankruptcy Code, 2016, seeking voluntary liquidation due to its inability to commence business activities after failing to procure necessary regulatory approvals.
Techem Energy Services India Private Limited, the Corporate Person, was incorporated on July 8, 2009. It was unable to commence business operations due to a failure to obtain necessary regulatory approvals. Consequently, the company proposed a voluntary winding-up, and the Liquidator completed all required legal formalities and procedures for this process. On August 28, 2018, the Board of Directors passed a resolution to voluntarily liquidate the company and recommended Mr. Anish Gupta as the Liquidator. The Board also issued a Declaration of Solvency on the same date, as mandated by Section 59(3)(a)(i) of the Code, confirming that the company had no debt and was not being liquidated to defraud any person. Audited financial statements for the financial years ending
…Sign in to view the parties.
The Corporate Person,…
The Board of Directors resolved to…
The Corporate Person, Techem Energy Services India Private Limited, filed a petition under Section 59(7) of the Insolvency and Bankruptcy Code, 2016, seeking voluntary liquidation due to its inability to commence business activities after failing to procure necessary regulatory approvals.
Techem Energy Services India Private Limited, the Corporate Person, was incorporated on July 8, 2009. It was unable to commence business operations due to a failure to obtain necessary regulatory approvals. Consequently, the company proposed a voluntary winding-up, and the Liquidator completed all required legal formalities and procedures for this process. On August 28, 2018, the Board of Directors passed a resolution to voluntarily liquidate the company and recommended Mr. Anish Gupta as the Liquidator. The Board also issued a Declaration of Solvency on the same date, as mandated by Section 59(3)(a)(i) of the Code, confirming that the company had no debt and was not being liquidated to defraud any person. Audited financial statements for the financial years ending
…The Corporate Person,…
The Board of Directors resolved to…