The case pertains to a Company Petition filed by Takusho India Design Consultants Pvt. Ltd. under sub-section (7) of section 59 of the Insolvency and Bankruptcy Code, 2016, seeking dissolution of the company. The company was incorporated on 26.09.2014 and decided to discontinue operations due to not generating expected revenue and not foreseeing consistent business operations in the future. The Board of Directors approved winding up the affairs of the Company on 01.07.2023 and executed a Declaration of Solvency on 14.07.2023. A Special Resolution to liquidate the Company voluntarily was passed on 28.07.2023, and a liquidator was appointed. The commencement of liquidation was intimated to the RoC and the Income Tax Authority. The liquidator made public announcements,

The case pertains to a Company Petition filed by Takusho India Design Consultants Pvt. Ltd. under sub-section (7) of section 59 of the Insolvency and Bankruptcy Code, 2016, seeking dissolution of the company. The company was incorporated on 26.09.2014 and decided to discontinue operations due to not generating expected revenue and not foreseeing consistent business operations in the future. The Board of Directors approved winding up the affairs of the Company on 01.07.2023 and executed a Declaration of Solvency on 14.07.2023. A Special Resolution to liquidate the Company voluntarily was passed on 28.07.2023, and a liquidator was appointed. The commencement of liquidation was intimated to the RoC and the Income Tax Authority. The liquidator made public announcements,