The case pertains to a Company Petition filed under Section 59 of the Insolvency and Bankruptcy Code, 2016, by Ace Ketones Private Limited, seeking voluntary liquidation. The company was incorporated on 16/12/1998 and had its registered office in Medchal, Telangana. The Board of Directors decided to liquidate the company voluntarily and made a Declaration of Solvency on 28.10.2021. The shareholders passed a special resolution on 05.11.2021 to liquidate the company and appointed Ms. Beena Nayar as the Liquidator. Public announcement was made on 06.11.2021, and the company had no creditors. The liquidation process was initiated, and the final report was filed in compliance with Section 59 of IBC and IBBI Regulations.
Ace Ketones Private Limited, incorporated on 16/12/1998, filed a Company Petition under Section 59 of the Insolvency and Bankruptcy Code, 2016, seeking voluntary liquidation due to a lack of future business opportunities. The Board of Directors decided to liquidate the company voluntarily and made a Declaration of Solvency on 28.10.2021. A special resolution was passed by the shareholders on 05.11.2021 to liquidate the company and appoint Ms. Beena Nayar as the Liquidator. Public announcements were made on 06.11.2021. The company had no creditors, and the liquidator received no claims. The company notified the Registrar of Companies on 17.11.2021 and informed the Board on 06.11.2021. The liquidation commenced on 05.11.2021. The dues were paid to the members of the
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Ace Ketones P…
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The case pertains to a Company Petition filed under Section 59 of the Insolvency and Bankruptcy Code, 2016, by Ace Ketones Private Limited, seeking voluntary liquidation. The company was incorporated on 16/12/1998 and had its registered office in Medchal, Telangana. The Board of Directors decided to liquidate the company voluntarily and made a Declaration of Solvency on 28.10.2021. The shareholders passed a special resolution on 05.11.2021 to liquidate the company and appointed Ms. Beena Nayar as the Liquidator. Public announcement was made on 06.11.2021, and the company had no creditors. The liquidation process was initiated, and the final report was filed in compliance with Section 59 of IBC and IBBI Regulations.
Ace Ketones Private Limited, incorporated on 16/12/1998, filed a Company Petition under Section 59 of the Insolvency and Bankruptcy Code, 2016, seeking voluntary liquidation due to a lack of future business opportunities. The Board of Directors decided to liquidate the company voluntarily and made a Declaration of Solvency on 28.10.2021. A special resolution was passed by the shareholders on 05.11.2021 to liquidate the company and appoint Ms. Beena Nayar as the Liquidator. Public announcements were made on 06.11.2021. The company had no creditors, and the liquidator received no claims. The company notified the Registrar of Companies on 17.11.2021 and informed the Board on 06.11.2021. The liquidation commenced on 05.11.2021. The dues were paid to the members of the
…Ace Ketones P…
The Board of Directors…
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