Varma Brokerages Private Limited (in Voluntary Liquidation) filed an application under Section 59(7) of the Insolvency and Bankruptcy Code, 2016, read with Regulation 38(3) of the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017, for dissolution of the company. The company's registered office is located in Kolkata. The application was filed due to the company not having any business operations and finding it unfeasible to continue poor operating conditions. The company sought dissolution under Section 59(7) of the Insolvency and Bankruptcy Code, 2016, condonation of delay in completing the voluntary liquidation process due to delayed receipt of Income Tax Refund, and a direction to the Registrar of Companies, Kolkata, to strike
…Varma Brokerages Private Limited, incorporated on 1997-06-10 under the Companies Act, 1956, initiated voluntary liquidation due to the absence of business operations and unfavorable operating conditions. The company's authorized share capital is Rs. 50,00,000, divided into 5,00,000 equity shares of Rs. 10 each. The members of the company passed a special resolution on 2021-10-11 to voluntarily liquidate the company and appointed CS Manoj Prasad Shaw as the Liquidator. A public announcement was made on 2021-10-12 in 'Financial Express' and 'Aajkal' to invite stakeholders' claims. The last date for submission of claims was 2021-11-11. The company filed a declaration of solvency with the Registrar of Companies, West Bengal, on 2021-10-12. The company intimated the Income
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Varma Brokerages Private Limited (in Voluntary Liquidation) filed an application under Section 59(7) of the Insolvency and Bankruptcy Code, 2016, read with Regulation 38(3) of the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017, for dissolution of the company. The company's registered office is located in Kolkata. The application was filed due to the company not having any business operations and finding it unfeasible to continue poor operating conditions. The company sought dissolution under Section 59(7) of the Insolvency and Bankruptcy Code, 2016, condonation of delay in completing the voluntary liquidation process due to delayed receipt of Income Tax Refund, and a direction to the Registrar of Companies, Kolkata, to strike
…Varma Brokerages Private Limited, incorporated on 1997-06-10 under the Companies Act, 1956, initiated voluntary liquidation due to the absence of business operations and unfavorable operating conditions. The company's authorized share capital is Rs. 50,00,000, divided into 5,00,000 equity shares of Rs. 10 each. The members of the company passed a special resolution on 2021-10-11 to voluntarily liquidate the company and appointed CS Manoj Prasad Shaw as the Liquidator. A public announcement was made on 2021-10-12 in 'Financial Express' and 'Aajkal' to invite stakeholders' claims. The last date for submission of claims was 2021-11-11. The company filed a declaration of solvency with the Registrar of Companies, West Bengal, on 2021-10-12. The company intimated the Income
…The Petitioner/Corporate Person was…
A decision was taken by the Board of Directors…