The case pertains to an application filed under Section 59(7) of the Insolvency and Bankruptcy Code, 2016, by the liquidator of Lumax Energy Solutions Private Limited, seeking the dissolution of the company following a voluntary liquidation process. The company was incorporated in 2003 and was engaged in manufacturing accumulators, primary cells, and primary batteries. The voluntary liquidation was initiated after a special resolution was passed by the members of the company.
Lumax Energy Solutions Private Limited was incorporated on 01.10.2003 and engaged in manufacturing accumulators, primary cells, and primary batteries. The company initiated voluntary liquidation, and Mr. Atul Mittal was appointed as the liquidator. A special resolution was passed by the members of the company on 09.07.2021 approving the voluntary liquidation. The Declaration of Solvency was signed by the Directors dated 07.07.2021. The company notified the RoC on 13.07.2021 about the commencement of Voluntary Liquidation. The Income Tax Department was notified regarding initiation of the Voluntary Liquidation of the Corporate Debtor vide email dated 07.08.2021. The liquidator opened a bank account for the liquidation process on 21.08.2021. The liquidator paid off all
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Lumax Energy S…
Declaration of Solvency…
The case pertains to an application filed under Section 59(7) of the Insolvency and Bankruptcy Code, 2016, by the liquidator of Lumax Energy Solutions Private Limited, seeking the dissolution of the company following a voluntary liquidation process. The company was incorporated in 2003 and was engaged in manufacturing accumulators, primary cells, and primary batteries. The voluntary liquidation was initiated after a special resolution was passed by the members of the company.
Lumax Energy Solutions Private Limited was incorporated on 01.10.2003 and engaged in manufacturing accumulators, primary cells, and primary batteries. The company initiated voluntary liquidation, and Mr. Atul Mittal was appointed as the liquidator. A special resolution was passed by the members of the company on 09.07.2021 approving the voluntary liquidation. The Declaration of Solvency was signed by the Directors dated 07.07.2021. The company notified the RoC on 13.07.2021 about the commencement of Voluntary Liquidation. The Income Tax Department was notified regarding initiation of the Voluntary Liquidation of the Corporate Debtor vide email dated 07.08.2021. The liquidator opened a bank account for the liquidation process on 21.08.2021. The liquidator paid off all
…Lumax Energy S…
Declaration of Solvency…