The case pertains to a Company Petition (IB) No.158/59/HDB/2024 filed under Section 59(7) of the Insolvency & Bankruptcy Code, 2016, seeking voluntary dissolution of M/s. Ritesh Exports Limited. The application was filed by Mr. Koteswara Rao Karuchola, the liquidator of the company. The company was incorporated on March 24, 1992, and was not carrying on its operations from several years with no intention of carrying on the business in future. The Board of Directors passed a resolution on January 10, 2024, for voluntary liquidation under the IBC, 2016.
M/s. Ritesh Exports Limited sought voluntary liquidation under Section 59 of the Insolvency and Bankruptcy Code, 2016. The company was incorporated on March 24, 1992, in Telangana. The company's registered office is located in Hyderabad. The company's main objectives included manufacturing, importing, exporting, and dealing in textiles. The company had ceased operations for several years and had no intention of resuming business. The Board of Directors passed a resolution on January 10, 2024, for voluntary liquidation. The directors declared that the company had no debt and was not being liquidated to defraud anyone. Shareholders approved the voluntary liquidation in a meeting on February 2, 2024. The company notified the Registrar of Companies and the IBBI about the
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Ritesh Exports…
The Board of Directors of Ritesh Exports…
The case pertains to a Company Petition (IB) No.158/59/HDB/2024 filed under Section 59(7) of the Insolvency & Bankruptcy Code, 2016, seeking voluntary dissolution of M/s. Ritesh Exports Limited. The application was filed by Mr. Koteswara Rao Karuchola, the liquidator of the company. The company was incorporated on March 24, 1992, and was not carrying on its operations from several years with no intention of carrying on the business in future. The Board of Directors passed a resolution on January 10, 2024, for voluntary liquidation under the IBC, 2016.
M/s. Ritesh Exports Limited sought voluntary liquidation under Section 59 of the Insolvency and Bankruptcy Code, 2016. The company was incorporated on March 24, 1992, in Telangana. The company's registered office is located in Hyderabad. The company's main objectives included manufacturing, importing, exporting, and dealing in textiles. The company had ceased operations for several years and had no intention of resuming business. The Board of Directors passed a resolution on January 10, 2024, for voluntary liquidation. The directors declared that the company had no debt and was not being liquidated to defraud anyone. Shareholders approved the voluntary liquidation in a meeting on February 2, 2024. The company notified the Registrar of Companies and the IBBI about the
…Ritesh Exports…
The Board of Directors of Ritesh Exports…