# In the matter of Hamee India Pvt. Ltd.

> NCLT judgment dated 2024-04-01. Citation: TCN-2024-NCLT-01899. The present application has been filed under Section 59(7) of the I&B Code, 2016 r/w IBBI…

- **Court:** NCLT
- **Order date:** 1 Apr 2024
- **Citation:** TCN-2024-NCLT-01899
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-division-bench-court-i-chenn/hamee-india-pvt-ltd-fcd85079

## Summary

### Background

The present application has been filed under Section 59(7) of the I&B Code, 2016 r/w IBBI (Voluntary Liquidation) Regulations, 2017 for the dissolution of the Company, Hamee India Pvt. Ltd.

## Facts

Hamee India Pvt. Ltd. filed an application under Section 59(7) of the I&B Code, 2016 r/w IBBI (Voluntary Liquidation) Regulations, 2017 for the dissolution of the company. The court issued a notice to the Registrar of Companies and IBBI, requiring the petitioner to serve the notice and file an affidavit of service. The matter is listed for further hearing on 2024-05-21. The key fact is the application for dissolution under the voluntary liquidation process.

## Issues and analysis

### Issue 1: Whether the application for dissolution of Hamee India Pvt. Ltd. under Section 59(7) of the I&B …

**Ratio:** Section 59(7) of the I&B Code, 2016, read with the IBBI (Voluntary Liquidation)

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**Reasoning:** The court's reasoning is based on the statutory requirements for voluntary liquidation.

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**Interpretation:** Section 59(7) provides the legal framework for voluntary liquidation, requiring

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**Application:** The court applied the ratio by directing the issuance of notice to the

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## Parties

- **Judges:** SHRI. L. N.…; SHRI. HARNAM…
- **Respondents:** Hamee India Pvt.…

## Timeline

- **2024-04-01 — Order Del…**: Order delivered on the application filed under Section 59(7) of I&B Code, 2016 r/w IBBI…
- **2024-05-21 — Next Hearin…**: The matter is listed…

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