The case pertains to a Company Petition filed under section 59(7) of the Insolvency and Bankruptcy Code, 2016, for the voluntary liquidation of Newcrest India Private Limited. The company, incorporated on 17.06.2019, was a wholly-owned subsidiary of Newcrest India Services LLP but did not commence business operations due to the pandemic and economic slowdown. The Board of Directors decided to wind up the company voluntarily. The members passed a special resolution for voluntary liquidation, and a liquidator was appointed. The company declared solvency, and public announcements were made to invite claims from stakeholders.
Newcrest India Private Limited, CIN: U72900PN2019PTC184843, was incorporated on 17.06.2019 as a wholly-owned subsidiary of Newcrest India Services LLP. The company's registered office is located at Aishwarya Sankul, S. No. 17 Plot No. 3, 4, Kothrud Pune, MH 411038. The company's main objects included providing information technology solutions and consultancy services. The authorized share capital was ₹1,00,00,000/-, divided into 10,00,000 equity shares of ₹10/- each, with an issued, subscribed, and paid-up share capital of ₹30,00,000/-. Due to the pandemic and economic slowdown, the company did not initiate business operations. The Board of Directors decided to wind up the company voluntarily under section 59(3) of the Insolvency and Bankruptcy Code, 2016. The members
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Newcrest India Private…
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The case pertains to a Company Petition filed under section 59(7) of the Insolvency and Bankruptcy Code, 2016, for the voluntary liquidation of Newcrest India Private Limited. The company, incorporated on 17.06.2019, was a wholly-owned subsidiary of Newcrest India Services LLP but did not commence business operations due to the pandemic and economic slowdown. The Board of Directors decided to wind up the company voluntarily. The members passed a special resolution for voluntary liquidation, and a liquidator was appointed. The company declared solvency, and public announcements were made to invite claims from stakeholders.
Newcrest India Private Limited, CIN: U72900PN2019PTC184843, was incorporated on 17.06.2019 as a wholly-owned subsidiary of Newcrest India Services LLP. The company's registered office is located at Aishwarya Sankul, S. No. 17 Plot No. 3, 4, Kothrud Pune, MH 411038. The company's main objects included providing information technology solutions and consultancy services. The authorized share capital was ₹1,00,00,000/-, divided into 10,00,000 equity shares of ₹10/- each, with an issued, subscribed, and paid-up share capital of ₹30,00,000/-. Due to the pandemic and economic slowdown, the company did not initiate business operations. The Board of Directors decided to wind up the company voluntarily under section 59(3) of the Insolvency and Bankruptcy Code, 2016. The members
…Newcrest India Private…
The Petitioner/Corporate Person resolved to…
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