The case pertains to a Company Petition filed under Section 59 of the Insolvency and Bankruptcy Code, 2016, for the voluntary liquidation of BSE Sammaan CSR Limited. The company's entire business was handed over to the Government of India (Ministry of Corporate Affairs) in the financial year 2020-2021, after which the directors did not foresee any profit-making opportunities. Consequently, the Board of Directors decided to wind up the company's affairs through Member's Voluntary Winding up. The company was incorporated on 10.09.2015 under the Companies Act, 2013, with the main objective of providing a platform for CSR activities. The Board of Directors (BoD) of the Corporate Person, at its meeting held on 10.06.2021, resolved to liquidate the Petitioner/ Corporate
…BSE Sammaan CSR Limited, with CIN U74999MH2015PLC268298, filed a Company Petition under Section 59 of the Insolvency and Bankruptcy Code, 2016, for voluntary liquidation. The company's entire business was handed over to the Government of India (Ministry of Corporate Affairs) in the financial year 2020-2021. The Board of Directors decided to wind up the company due to a lack of foreseeable profit-making opportunities. The company was incorporated on 10.09.2015 under the Companies Act, 2013, with the objective of providing a platform for CSR activities. The authorized, issued, subscribed, and paid-up share capital of the company is ₹2,60,00,000/-. The Board of Directors (BoD) of the Corporate Person, at its meeting held on 10.06.2021, resolved to liquidate the
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BSE Sammaan CSR Limited…
The entire business of the Petitioner/Corporate…
The case pertains to a Company Petition filed under Section 59 of the Insolvency and Bankruptcy Code, 2016, for the voluntary liquidation of BSE Sammaan CSR Limited. The company's entire business was handed over to the Government of India (Ministry of Corporate Affairs) in the financial year 2020-2021, after which the directors did not foresee any profit-making opportunities. Consequently, the Board of Directors decided to wind up the company's affairs through Member's Voluntary Winding up. The company was incorporated on 10.09.2015 under the Companies Act, 2013, with the main objective of providing a platform for CSR activities. The Board of Directors (BoD) of the Corporate Person, at its meeting held on 10.06.2021, resolved to liquidate the Petitioner/ Corporate
…BSE Sammaan CSR Limited, with CIN U74999MH2015PLC268298, filed a Company Petition under Section 59 of the Insolvency and Bankruptcy Code, 2016, for voluntary liquidation. The company's entire business was handed over to the Government of India (Ministry of Corporate Affairs) in the financial year 2020-2021. The Board of Directors decided to wind up the company due to a lack of foreseeable profit-making opportunities. The company was incorporated on 10.09.2015 under the Companies Act, 2013, with the objective of providing a platform for CSR activities. The authorized, issued, subscribed, and paid-up share capital of the company is ₹2,60,00,000/-. The Board of Directors (BoD) of the Corporate Person, at its meeting held on 10.06.2021, resolved to liquidate the
…BSE Sammaan CSR Limited…
The entire business of the Petitioner/Corporate…