M/s. Maanchet Machine (India) Private Limited, originally incorporated as 'Arun Biscuit Machineeries Pvt Ltd' on 21.05.2004, sought voluntary liquidation under Section 59(7) of the Insolvency and Bankruptcy Code, 2016. The company's main business was trading in biscuit/bread making machineries. Due to unfeasible business operations, the shareholders decided to opt for voluntary liquidation. An Extraordinary General Body Meeting was held on 15.11.2019, where the applicant was appointed as the liquidator. The liquidator conducted the voluntary liquidation process in accordance with IBBI regulations. The liquidator did not receive any claims during the liquidation process until the last date of receipt of claims, 15.12.2019. The liquidator made various payments, including

M/s. Maanchet Machine (India) Private Limited, originally incorporated as 'Arun Biscuit Machineeries Pvt Ltd' on 21.05.2004, sought voluntary liquidation under Section 59(7) of the Insolvency and Bankruptcy Code, 2016. The company's main business was trading in biscuit/bread making machineries. Due to unfeasible business operations, the shareholders decided to opt for voluntary liquidation. An Extraordinary General Body Meeting was held on 15.11.2019, where the applicant was appointed as the liquidator. The liquidator conducted the voluntary liquidation process in accordance with IBBI regulations. The liquidator did not receive any claims during the liquidation process until the last date of receipt of claims, 15.12.2019. The liquidator made various payments, including