The case pertains to an application filed under Section 59(7) of the Insolvency and Bankruptcy Code, 2016, by the liquidator of Divya Jyoti Investments Private Limited, seeking the dissolution of the company. The company was incorporated in 1994 and underwent voluntary liquidation, with Manoj Kumar Anand appointed as the liquidator. The company's primary business involved financing and hire purchase. The liquidator followed the procedures outlined in the IBC and related regulations, including notifying the Registrar of Companies (ROC), publishing public announcements, and preparing financial reports.
Divya Jyoti Investments Private Limited, incorporated on July 1, 1994, under the Companies Act, 1956, underwent voluntary liquidation. The company's main business was financing and hire purchase. Manoj Kumar Anand was appointed as the liquidator. The company passed a special resolution for voluntary liquidation on August 17, 2022. The Registrar of Companies (ROC) was notified, and public announcements were made. The majority directors declared that the company was not being liquidated to defraud anyone and that it could pay its debts in full. The Income Tax Department was notified, and no dues certificate was received. The liquidator prepared a preliminary report and re-nomenclated the bank account. Audited accounts of the liquidation were prepared. The liquidator
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Divya Jyoti Investments…
Majority Directors made a declaration that the…
The case pertains to an application filed under Section 59(7) of the Insolvency and Bankruptcy Code, 2016, by the liquidator of Divya Jyoti Investments Private Limited, seeking the dissolution of the company. The company was incorporated in 1994 and underwent voluntary liquidation, with Manoj Kumar Anand appointed as the liquidator. The company's primary business involved financing and hire purchase. The liquidator followed the procedures outlined in the IBC and related regulations, including notifying the Registrar of Companies (ROC), publishing public announcements, and preparing financial reports.
Divya Jyoti Investments Private Limited, incorporated on July 1, 1994, under the Companies Act, 1956, underwent voluntary liquidation. The company's main business was financing and hire purchase. Manoj Kumar Anand was appointed as the liquidator. The company passed a special resolution for voluntary liquidation on August 17, 2022. The Registrar of Companies (ROC) was notified, and public announcements were made. The majority directors declared that the company was not being liquidated to defraud anyone and that it could pay its debts in full. The Income Tax Department was notified, and no dues certificate was received. The liquidator prepared a preliminary report and re-nomenclated the bank account. Audited accounts of the liquidation were prepared. The liquidator
…Divya Jyoti Investments…
Majority Directors made a declaration that the…