The case pertains to a company petition filed by the liquidator of Aashrayam Estates Private Limited, seeking the dissolution of the company under Section 59 of the Insolvency and Bankruptcy Code, 2016, following a voluntary liquidation process. The company, incorporated under the Companies Act, 1956, initiated voluntary liquidation due to not carrying on any material business for some years and only bearing costs in respect of compliances, resources, etc. The company's board of directors unanimously proposed the liquidation.
Aashrayam Estates Private Limited, a company incorporated under the Companies Act, 1956, initiated voluntary liquidation proceedings under Section 59 of the Insolvency and Bankruptcy Code, 2016. The company's registered office is located in Gurgaon, Haryana. The company's object was to carry on the business of construction of residential houses, commercial buildings, flats, and factory sheds. The authorized share capital of the company is Rs. 2,51,00,000/-. The Board of Directors convened an Extra Ordinary General Meeting on 13.01.2020 to pass a special resolution to voluntarily liquidate the company and appoint Ms. Karuna Sharma as the Liquidator. The liquidator made a public announcement inviting claims from stakeholders. The company had duly notified the Registrar
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Board of Directors convened an Extra…
The liquidator published a public announcement…
The case pertains to a company petition filed by the liquidator of Aashrayam Estates Private Limited, seeking the dissolution of the company under Section 59 of the Insolvency and Bankruptcy Code, 2016, following a voluntary liquidation process. The company, incorporated under the Companies Act, 1956, initiated voluntary liquidation due to not carrying on any material business for some years and only bearing costs in respect of compliances, resources, etc. The company's board of directors unanimously proposed the liquidation.
Aashrayam Estates Private Limited, a company incorporated under the Companies Act, 1956, initiated voluntary liquidation proceedings under Section 59 of the Insolvency and Bankruptcy Code, 2016. The company's registered office is located in Gurgaon, Haryana. The company's object was to carry on the business of construction of residential houses, commercial buildings, flats, and factory sheds. The authorized share capital of the company is Rs. 2,51,00,000/-. The Board of Directors convened an Extra Ordinary General Meeting on 13.01.2020 to pass a special resolution to voluntarily liquidate the company and appoint Ms. Karuna Sharma as the Liquidator. The liquidator made a public announcement inviting claims from stakeholders. The company had duly notified the Registrar
…Board of Directors convened an Extra…
The liquidator published a public announcement…