The case pertains to an application filed by Mrs. Ashu Gupta, the Voluntary Liquidator of M/s B & C Textiles Private Limited, seeking the dissolution of the company under Section 59 of the Insolvency and Bankruptcy Code, 2016 (IBC). The company had ceased its operations, and a declaration of solvency was made by its directors. A special resolution was passed by the members to liquidate the company voluntarily, and Ms. Ashu Gupta was appointed as the liquidator. Public announcements were made regarding the commencement of the voluntary liquidation process.
M/s B & C Textiles Private Limited, incorporated on 16.09.1996, ceased its operations. The directors, Mr. Manoj Berry and Mr. Mukesh Berry, declared solvency on 17.10.2023. An Extraordinary General Meeting on 17.10.2023 resulted in a special resolution to voluntarily liquidate the company, appointing Ms. Ashu Gupta as the liquidator. Public announcements were made on 19.10.2023. The MGT-14 form was filed on 25.08.2023, and the company's status was changed to 'Voluntary Liquidation'. The company's bank account with ICICI Bank was closed, and a new account was opened with Yes Bank for liquidation purposes on 31.12.2023. The liquidator submitted preliminary reports to the IBBI. The bank account opened for liquidation was closed on 25.04.2024. There were no creditors.
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M/s B & C Textiles…
Mr. Manoj Berry and Mr. Mukesh Berry, the…
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The case pertains to an application filed by Mrs. Ashu Gupta, the Voluntary Liquidator of M/s B & C Textiles Private Limited, seeking the dissolution of the company under Section 59 of the Insolvency and Bankruptcy Code, 2016 (IBC). The company had ceased its operations, and a declaration of solvency was made by its directors. A special resolution was passed by the members to liquidate the company voluntarily, and Ms. Ashu Gupta was appointed as the liquidator. Public announcements were made regarding the commencement of the voluntary liquidation process.
M/s B & C Textiles Private Limited, incorporated on 16.09.1996, ceased its operations. The directors, Mr. Manoj Berry and Mr. Mukesh Berry, declared solvency on 17.10.2023. An Extraordinary General Meeting on 17.10.2023 resulted in a special resolution to voluntarily liquidate the company, appointing Ms. Ashu Gupta as the liquidator. Public announcements were made on 19.10.2023. The MGT-14 form was filed on 25.08.2023, and the company's status was changed to 'Voluntary Liquidation'. The company's bank account with ICICI Bank was closed, and a new account was opened with Yes Bank for liquidation purposes on 31.12.2023. The liquidator submitted preliminary reports to the IBBI. The bank account opened for liquidation was closed on 25.04.2024. There were no creditors.
…M/s B & C Textiles…
Mr. Manoj Berry and Mr. Mukesh Berry, the…
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