The case pertains to a Company Petition filed by the Liquidator for the voluntary liquidation of Task Audit and Reporting Solutions Private Limited under Section 59(7) of the Insolvency and Bankruptcy Code, 2016. The company was incorporated on 25.09.2012 under the Companies Act, 1956, with the main object of providing software and audit technology consulting services. Due to non-availability of business prospects and long-term financial resources, the directors decided to liquidate the company. A board meeting was held on 02.03.2023 to consider winding up and voluntary liquidation. In an Extraordinary General Meeting on 15.03.2023, a special resolution was passed to appoint a liquidator.
Task Audit and Reporting Solutions Private Limited, incorporated on 25.09.2012, aimed to provide software and audit technology consulting services. Due to a lack of business prospects and financial resources, the directors decided to liquidate the company. A board meeting was held on 02.03.2023 to consider voluntary liquidation. Shareholders passed a special resolution on 15.03.2023 to appoint a liquidator. The liquidator conducted the voluntary liquidation process according to IBBI regulations and distributed funds as per Section 53(1) of IBC, 2016. Various compliances were met, including filing reports with the ROC and IBBI. The company's affairs were completely wound up, and its assets were liquidated.
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Task Audit and Reporting Solutions Private…
A Board meeting was held…
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The case pertains to a Company Petition filed by the Liquidator for the voluntary liquidation of Task Audit and Reporting Solutions Private Limited under Section 59(7) of the Insolvency and Bankruptcy Code, 2016. The company was incorporated on 25.09.2012 under the Companies Act, 1956, with the main object of providing software and audit technology consulting services. Due to non-availability of business prospects and long-term financial resources, the directors decided to liquidate the company. A board meeting was held on 02.03.2023 to consider winding up and voluntary liquidation. In an Extraordinary General Meeting on 15.03.2023, a special resolution was passed to appoint a liquidator.
Task Audit and Reporting Solutions Private Limited, incorporated on 25.09.2012, aimed to provide software and audit technology consulting services. Due to a lack of business prospects and financial resources, the directors decided to liquidate the company. A board meeting was held on 02.03.2023 to consider voluntary liquidation. Shareholders passed a special resolution on 15.03.2023 to appoint a liquidator. The liquidator conducted the voluntary liquidation process according to IBBI regulations and distributed funds as per Section 53(1) of IBC, 2016. Various compliances were met, including filing reports with the ROC and IBBI. The company's affairs were completely wound up, and its assets were liquidated.
Task Audit and Reporting Solutions Private…
A Board meeting was held…
Sign in to view related legal provisions.