The case pertains to an application filed under Section 59 of the Insolvency and Bankruptcy Code, 2016, by Ashuji Distributors Private Limited, represented by its liquidator, Mr. Manoj Kumar Jain, seeking dissolution of the company which is under voluntary liquidation. The company was incorporated on 07.03.2013. The Board of Directors decided to voluntarily liquidate the company on 04.04.2019 and executed a Declaration of Solvency. A special resolution was passed in an Extraordinary General Meeting (EOGM) on 22.04.2019 to liquidate the company voluntarily, and Mr. Manoj Kumar Jain was appointed as the liquidator. The liquidator made a public announcement on 01.08.2019 seeking submission of claims from stakeholders. Post payment of recurring expenses, the balance amount
…Ashuji Distributors Private Limited, the applicant company, sought dissolution under Section 59 of the Insolvency and Bankruptcy Code, 2016. Incorporated on 07.03.2013, the company's Board of Directors decided on 04.04.2019 to voluntarily liquidate. A Declaration of Solvency was executed, and a Special Resolution was passed on 22.04.2019 during an Extraordinary General Meeting (EOGM) to appoint Mr. Manoj Kumar Jain as the liquidator. Mr. Jain, an Insolvency Professional, published a liquidation commencement announcement on 01.08.2019, inviting stakeholder claims. After settling recurring expenses, the remaining balance was distributed to members on 06.11.2019. The liquidator submitted a final report to the Registrar of Companies and closed the liquidation account. The
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Ashuji Distributors…
The Board of Directors decided to…
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The case pertains to an application filed under Section 59 of the Insolvency and Bankruptcy Code, 2016, by Ashuji Distributors Private Limited, represented by its liquidator, Mr. Manoj Kumar Jain, seeking dissolution of the company which is under voluntary liquidation. The company was incorporated on 07.03.2013. The Board of Directors decided to voluntarily liquidate the company on 04.04.2019 and executed a Declaration of Solvency. A special resolution was passed in an Extraordinary General Meeting (EOGM) on 22.04.2019 to liquidate the company voluntarily, and Mr. Manoj Kumar Jain was appointed as the liquidator. The liquidator made a public announcement on 01.08.2019 seeking submission of claims from stakeholders. Post payment of recurring expenses, the balance amount
…Ashuji Distributors Private Limited, the applicant company, sought dissolution under Section 59 of the Insolvency and Bankruptcy Code, 2016. Incorporated on 07.03.2013, the company's Board of Directors decided on 04.04.2019 to voluntarily liquidate. A Declaration of Solvency was executed, and a Special Resolution was passed on 22.04.2019 during an Extraordinary General Meeting (EOGM) to appoint Mr. Manoj Kumar Jain as the liquidator. Mr. Jain, an Insolvency Professional, published a liquidation commencement announcement on 01.08.2019, inviting stakeholder claims. After settling recurring expenses, the remaining balance was distributed to members on 06.11.2019. The liquidator submitted a final report to the Registrar of Companies and closed the liquidation account. The
…Ashuji Distributors…
The Board of Directors decided to…
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