The case pertains to the dissolution of Sumitomo Construction Machinery India Private Limited under Section 59(7) of the Insolvency and Bankruptcy Code, 2016, initiated by the Liquidator.
Sumitomo Construction Machinery India Private Limited was incorporated on 27.08.2008 under the Companies Act, 1956.
The company's name was changed to Sumitomo Construction Machinery India Private Limited w.e.f. 12.09.2019.
The Board of Directors decided to liquidate the company in a meeting held on 23.09.2020.
A special resolution was passed in an Extraordinary General Meeting on 30.09.2020 to appoint a liquidator.
The liquidator conducted the voluntary liquidation process in accordance with IBBI regulations.
The liquidator submitted that there are no outstanding liabilities of the company and no claims were received.
The liquidator distributed the funds as per the provisions of Section 53(1) of IBC, 2016.
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The case pertains to the dissolution of Sumitomo Construction Machinery India Private Limited under Section 59(7) of the Insolvency and Bankruptcy Code, 2016, initiated by the Liquidator.
Sumitomo Construction Machinery India Private Limited was incorporated on 27.08.2008 under the Companies Act, 1956.
The company's name was changed to Sumitomo Construction Machinery India Private Limited w.e.f. 12.09.2019.
The Board of Directors decided to liquidate the company in a meeting held on 23.09.2020.
A special resolution was passed in an Extraordinary General Meeting on 30.09.2020 to appoint a liquidator.
The liquidator conducted the voluntary liquidation process in accordance with IBBI regulations.
The liquidator submitted that there are no outstanding liabilities of the company and no claims were received.
The liquidator distributed the funds as per the provisions of Section 53(1) of IBC, 2016.
…The Company was…
The Company changed its…
Sign in to view related legal provisions.