The case pertains to an application filed under section 59(7) of the Insolvency and Bankruptcy Code, 2016, read with Regulation 38(3) of the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017, for the dissolution of Mastermind Commodeal Private Limited, a corporate person undergoing voluntary liquidation. The company was incorporated on 30.12.2008, with the main object of dealing in investments. The Board of Directors decided to wind up the affairs of the company due to a paucity of business opportunities and high operational costs.
Mastermind Commodeal Private Limited (CIN: U51909WB2008PTC131583) was incorporated on 30.12.2008 under the Companies Act, 1956. Its registered office is located at 34A, Metcalfe Street, Kolkata - 700013, West Bengal. The company's main objective was dealing in investments. The authorized share capital is Rs. 39,00,000, and the issued, subscribed, and paid-up capital is Rs. 16,59,360. Due to a lack of business opportunities and high operational costs, the Board of Directors decided to wind up the company voluntarily. The Directors approved a Declaration of Solvency on 02.11.2020, and the members passed a Special Resolution on 27.11.2020 to liquidate the company. Shri Hanuman Mal Choraria was appointed as the Liquidator. Public announcements were made on 30.11.2020,
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Mastermind Commodeal…
The Directors approved…
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The case pertains to an application filed under section 59(7) of the Insolvency and Bankruptcy Code, 2016, read with Regulation 38(3) of the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017, for the dissolution of Mastermind Commodeal Private Limited, a corporate person undergoing voluntary liquidation. The company was incorporated on 30.12.2008, with the main object of dealing in investments. The Board of Directors decided to wind up the affairs of the company due to a paucity of business opportunities and high operational costs.
Mastermind Commodeal Private Limited (CIN: U51909WB2008PTC131583) was incorporated on 30.12.2008 under the Companies Act, 1956. Its registered office is located at 34A, Metcalfe Street, Kolkata - 700013, West Bengal. The company's main objective was dealing in investments. The authorized share capital is Rs. 39,00,000, and the issued, subscribed, and paid-up capital is Rs. 16,59,360. Due to a lack of business opportunities and high operational costs, the Board of Directors decided to wind up the company voluntarily. The Directors approved a Declaration of Solvency on 02.11.2020, and the members passed a Special Resolution on 27.11.2020 to liquidate the company. Shri Hanuman Mal Choraria was appointed as the Liquidator. Public announcements were made on 30.11.2020,
…Mastermind Commodeal…
The Directors approved…
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