The application was filed under Section 59(7) of the IBC, 2016, read with IBBI (Voluntary Liquidation Process) Regulations, 2017, by the Liquidator on 06.09.2022, seeking dissolution of Moog EM Solutions (India) Private Limited. The company was incorporated on 12.10.2017 under the Companies Act, 2013. The Board of Directors decided to wind up the company by voluntary liquidation in a meeting held on 23.03.2022, after taking note of the Declaration of Solvency. A special resolution to liquidate the company voluntarily was passed on 25.03.2022, and Shri Ganesh P Pai was appointed as the Liquidator.
Moog EM Solutions (India) Private Limited was incorporated on 12.10.2017. The company's authorized share capital is Rs. 2,00,00,000/- and the subscribed share capital is Rs. 1,30,00,000/-. The company is a subsidiary of Moog Singapore Pte. Limited and was engaged in the manufacture and sale of mechanical, electrical, electro-mechanical, servo, pneumatic, electronic, hydraulic, and industrial devices and motors. The Board of Directors decided to wind up the company by voluntary liquidation on 23.03.2022, and a special resolution was passed on 25.03.2022. Shri Ganesh P Pai was appointed as the Liquidator. The liquidator made public announcements, submitted reports, and distributed liquidation proceeds. The liquidator remitted Rs. 1,17,60,609/- to Moog Singapore Pte.
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The application was filed under Section 59(7) of the IBC, 2016, read with IBBI (Voluntary Liquidation Process) Regulations, 2017, by the Liquidator on 06.09.2022, seeking dissolution of Moog EM Solutions (India) Private Limited. The company was incorporated on 12.10.2017 under the Companies Act, 2013. The Board of Directors decided to wind up the company by voluntary liquidation in a meeting held on 23.03.2022, after taking note of the Declaration of Solvency. A special resolution to liquidate the company voluntarily was passed on 25.03.2022, and Shri Ganesh P Pai was appointed as the Liquidator.
Moog EM Solutions (India) Private Limited was incorporated on 12.10.2017. The company's authorized share capital is Rs. 2,00,00,000/- and the subscribed share capital is Rs. 1,30,00,000/-. The company is a subsidiary of Moog Singapore Pte. Limited and was engaged in the manufacture and sale of mechanical, electrical, electro-mechanical, servo, pneumatic, electronic, hydraulic, and industrial devices and motors. The Board of Directors decided to wind up the company by voluntary liquidation on 23.03.2022, and a special resolution was passed on 25.03.2022. Shri Ganesh P Pai was appointed as the Liquidator. The liquidator made public announcements, submitted reports, and distributed liquidation proceeds. The liquidator remitted Rs. 1,17,60,609/- to Moog Singapore Pte.
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