The case pertains to a Company Petition filed under Section 59 of the Insolvency and Bankruptcy Code, 2016, for voluntary liquidation of Ooyala India Private Limited. The petition was filed by the company through its liquidator, Mr. Pramod Jain. The company was incorporated on 03.06.2016. The Board of Directors resolved to voluntarily liquidate the company on 22.11.2020, stating that the company was not carrying on any business and not earning any profits. The directors declared on affidavit that the company had no debts and was not being liquidated to defraud any person.
Ooyala India Private Limited, incorporated on 03.06.2016, filed a Company Petition under Section 59 of the Insolvency and Bankruptcy Code, 2016, for voluntary liquidation. The company's authorized share capital was Rs. 14,00,00,000, and the paid-up share capital was Rs. 70,00,000. The Board of Directors resolved to voluntarily liquidate the company on 22.11.2020, citing that the company was not carrying on any business and not earning any profits. The directors, Mr. Suresh Kayappurath and Mr. Manakkal Swaminathan Sivasubramanian, declared on affidavit that the company had no debts and was not being liquidated to defraud any person. The members of the company passed a Special Resolution on 22.11.2020 to liquidate the company voluntarily and appointed Mr. Pramod Jain as
…Sign in to view the parties.
Ooyala India Private…
The Board of Directors…
Sign in to view related legal provisions.
The case pertains to a Company Petition filed under Section 59 of the Insolvency and Bankruptcy Code, 2016, for voluntary liquidation of Ooyala India Private Limited. The petition was filed by the company through its liquidator, Mr. Pramod Jain. The company was incorporated on 03.06.2016. The Board of Directors resolved to voluntarily liquidate the company on 22.11.2020, stating that the company was not carrying on any business and not earning any profits. The directors declared on affidavit that the company had no debts and was not being liquidated to defraud any person.
Ooyala India Private Limited, incorporated on 03.06.2016, filed a Company Petition under Section 59 of the Insolvency and Bankruptcy Code, 2016, for voluntary liquidation. The company's authorized share capital was Rs. 14,00,00,000, and the paid-up share capital was Rs. 70,00,000. The Board of Directors resolved to voluntarily liquidate the company on 22.11.2020, citing that the company was not carrying on any business and not earning any profits. The directors, Mr. Suresh Kayappurath and Mr. Manakkal Swaminathan Sivasubramanian, declared on affidavit that the company had no debts and was not being liquidated to defraud any person. The members of the company passed a Special Resolution on 22.11.2020 to liquidate the company voluntarily and appointed Mr. Pramod Jain as
…Ooyala India Private…
The Board of Directors…
Sign in to view related legal provisions.