The case pertains to a Company Petition filed by the Liquidator, Mr. Rajesh Dhawan, on behalf of BTL Builders Private Limited, seeking the dissolution of the company under Section 59 of the Insolvency and Bankruptcy Code, 2016. The company, incorporated under the Companies Act, 1956, with the main object of real estate and construction, initiated voluntary liquidation proceedings. The company declared solvency, complied with the necessary provisions of the Code, and appointed a liquidator. Public announcements were made, claims were settled, and the liquidator distributed the proceeds from the realization of assets to the stakeholders.
BTL Builders Private Limited, a company incorporated under the Companies Act, 1956, with CIN No. U45200PB2006PTC030750, initiated voluntary liquidation proceedings. The company's registered office is situated at Jalandhar Road Opp. Johal Hospital, Batala-143521. The main object of the company was to carry on the business of real estate, construction of residential houses/flats/apartments and commercial buildings, and builders and developers of land. The Authorized Share Capital of the Applicant Company is Rs.24,00,000/- divided into 2,40,000 Equity shares of Rs.10/- each. The issued, subscribed and paid-up capital is Rs. 22,07,500/- divided into 2,20,750 Equity shares having a face value of Rs. 10/- each. The company complied with Section 59(3)(a) of the Code by filing
…Sign in to view the parties.
BTL Builders Private Limited is incorporated…
Directors of the applicant company submitted…
The case pertains to a Company Petition filed by the Liquidator, Mr. Rajesh Dhawan, on behalf of BTL Builders Private Limited, seeking the dissolution of the company under Section 59 of the Insolvency and Bankruptcy Code, 2016. The company, incorporated under the Companies Act, 1956, with the main object of real estate and construction, initiated voluntary liquidation proceedings. The company declared solvency, complied with the necessary provisions of the Code, and appointed a liquidator. Public announcements were made, claims were settled, and the liquidator distributed the proceeds from the realization of assets to the stakeholders.
BTL Builders Private Limited, a company incorporated under the Companies Act, 1956, with CIN No. U45200PB2006PTC030750, initiated voluntary liquidation proceedings. The company's registered office is situated at Jalandhar Road Opp. Johal Hospital, Batala-143521. The main object of the company was to carry on the business of real estate, construction of residential houses/flats/apartments and commercial buildings, and builders and developers of land. The Authorized Share Capital of the Applicant Company is Rs.24,00,000/- divided into 2,40,000 Equity shares of Rs.10/- each. The issued, subscribed and paid-up capital is Rs. 22,07,500/- divided into 2,20,750 Equity shares having a face value of Rs. 10/- each. The company complied with Section 59(3)(a) of the Code by filing
…BTL Builders Private Limited is incorporated…
Directors of the applicant company submitted…