The case pertains to a Company Petition filed under Section 59(7) of the Insolvency and Bankruptcy Code, 2016, by Techem Energy Services India Private Limited, through its Liquidator, seeking voluntary liquidation. The Corporate Person was unable to procure necessary regulatory approvals to commence business activities and therefore proposed voluntary winding up. The Board of Directors passed a resolution on 28.08.2018 to liquidate the company voluntarily and appointed Mr. Anish Gupta as the Liquidator. A declaration of solvency was also made on the same date, stating that the company had no debt and was not being liquidated to defraud any person.
Techem Energy Services India Private Limited filed a petition for voluntary liquidation under Section 59 of the Insolvency and Bankruptcy Code, 2016. The company was incorporated on 08.07.2009 but could not commence business due to a lack of regulatory approvals. On 28.08.2018, the Board of Directors resolved to liquidate the company and appointed Mr. Anish Gupta as the Liquidator. A declaration of solvency was made on the same date. The members passed a special resolution on 25.09.2018 to liquidate the company. The company notified IBBI and the Registrar of Companies about the resolution. The Liquidator made a public announcement on 28.09.2018. The company's assets were in the form of cash at Bank, which the Liquidator utilized for professional fees and liquidation
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Techem Energy Services…
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The case pertains to a Company Petition filed under Section 59(7) of the Insolvency and Bankruptcy Code, 2016, by Techem Energy Services India Private Limited, through its Liquidator, seeking voluntary liquidation. The Corporate Person was unable to procure necessary regulatory approvals to commence business activities and therefore proposed voluntary winding up. The Board of Directors passed a resolution on 28.08.2018 to liquidate the company voluntarily and appointed Mr. Anish Gupta as the Liquidator. A declaration of solvency was also made on the same date, stating that the company had no debt and was not being liquidated to defraud any person.
Techem Energy Services India Private Limited filed a petition for voluntary liquidation under Section 59 of the Insolvency and Bankruptcy Code, 2016. The company was incorporated on 08.07.2009 but could not commence business due to a lack of regulatory approvals. On 28.08.2018, the Board of Directors resolved to liquidate the company and appointed Mr. Anish Gupta as the Liquidator. A declaration of solvency was made on the same date. The members passed a special resolution on 25.09.2018 to liquidate the company. The company notified IBBI and the Registrar of Companies about the resolution. The Liquidator made a public announcement on 28.09.2018. The company's assets were in the form of cash at Bank, which the Liquidator utilized for professional fees and liquidation
…Techem Energy Services…
The Board of Directors passed a resolution to…
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