The case pertains to an application filed under Section 59 of the Insolvency and Bankruptcy Code, 2016, for the voluntary liquidation of Lambodar Fiscal Services Private Limited. The company, incorporated in 1990, sought voluntary liquidation due to its non-viability and lack of profitability. The Board of Directors resolved to liquidate the company in a meeting held on October 10, 2020. The company filed the necessary forms and made public announcements as required by the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017.
Lambodar Fiscal Services Private Limited, incorporated on January 18, 1990, sought voluntary liquidation under Section 59 of the Insolvency and Bankruptcy Code, 2016. The company's registered office is located in Kanpur, Uttar Pradesh. The company's main objects included finance, investments, and trading. The authorized share capital was ₹75,00,000, while the issued, subscribed, and paid-up share capital was ₹70,39,810. The company was no longer viable and not earning profits, leading the Board of Directors to resolve to liquidate the company on October 10, 2020. The majority of directors approved the declaration of solvency. The company filed Form GNL-2 with the Registrar of Companies on October 22, 2020. The members passed a Special Resolution in an Extraordinary
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The case pertains to an application filed under Section 59 of the Insolvency and Bankruptcy Code, 2016, for the voluntary liquidation of Lambodar Fiscal Services Private Limited. The company, incorporated in 1990, sought voluntary liquidation due to its non-viability and lack of profitability. The Board of Directors resolved to liquidate the company in a meeting held on October 10, 2020. The company filed the necessary forms and made public announcements as required by the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017.
Lambodar Fiscal Services Private Limited, incorporated on January 18, 1990, sought voluntary liquidation under Section 59 of the Insolvency and Bankruptcy Code, 2016. The company's registered office is located in Kanpur, Uttar Pradesh. The company's main objects included finance, investments, and trading. The authorized share capital was ₹75,00,000, while the issued, subscribed, and paid-up share capital was ₹70,39,810. The company was no longer viable and not earning profits, leading the Board of Directors to resolve to liquidate the company on October 10, 2020. The majority of directors approved the declaration of solvency. The company filed Form GNL-2 with the Registrar of Companies on October 22, 2020. The members passed a Special Resolution in an Extraordinary
…Lambodar Fiscal…
The Board of Directors…
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