The case pertains to a Company Petition filed under Section 59(7) of the Insolvency and Bankruptcy Code, 2016, for the voluntary liquidation of Diam Circle Private Limited. The company, incorporated in 1996, discontinued its business operations in 2015-2016 due to market difficulties. The Board of Directors resolved to wind up the Corporate Person, and a liquidator, Shri Subodh B Gokhale, was appointed. The company complied with the provisions of the Code and Regulations, including furnishing a Solvency Certificate, filing resolutions with the Registrar of Companies, and making public announcements. The company had no creditors, and the shareholders filed claims. The liquidator prepared a Preliminary Report and a Final Report, made payments to stakeholders, and closed

The case pertains to a Company Petition filed under Section 59(7) of the Insolvency and Bankruptcy Code, 2016, for the voluntary liquidation of Diam Circle Private Limited. The company, incorporated in 1996, discontinued its business operations in 2015-2016 due to market difficulties. The Board of Directors resolved to wind up the Corporate Person, and a liquidator, Shri Subodh B Gokhale, was appointed. The company complied with the provisions of the Code and Regulations, including furnishing a Solvency Certificate, filing resolutions with the Registrar of Companies, and making public announcements. The company had no creditors, and the shareholders filed claims. The liquidator prepared a Preliminary Report and a Final Report, made payments to stakeholders, and closed