The case pertains to the voluntary liquidation of Vikhyat Holdings Private Limited, a company incorporated on June 5, 1990, under the Companies Act, 1956. The company's primary objective was to deal in immovable properties. However, due to the lack of other business activities and the inability to sustain operations, the management decided to liquidate the company voluntarily. The petition was filed under Section 59 of the Insolvency & Bankruptcy Code, 2016.
Vikhyat Holdings Private Limited, incorporated on June 5, 1990, aimed to deal in immovable properties. Due to limited business and financial constraints, the management decided to voluntarily liquidate the company. The company's authorized share capital was Rs. 7,00,000. The directors, Mr. Vikram Kamani and Mrs. Prem Kamani, approved a Declaration of Solvency and resolved to wind up the company. An Extraordinary General Meeting (EGM) passed a Special Resolution to liquidate the company and appointed Mr. Birendra Kumar Tripathi as the liquidator. The liquidator made a public announcement inviting claims and notified the Registrar of Companies. A valuation report for the immovable property was obtained. The liquidator filed a Final Report stating that all assets were
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Vikhyat Holdings…
The Board of Directors resolved to liquidate…
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The case pertains to the voluntary liquidation of Vikhyat Holdings Private Limited, a company incorporated on June 5, 1990, under the Companies Act, 1956. The company's primary objective was to deal in immovable properties. However, due to the lack of other business activities and the inability to sustain operations, the management decided to liquidate the company voluntarily. The petition was filed under Section 59 of the Insolvency & Bankruptcy Code, 2016.
Vikhyat Holdings Private Limited, incorporated on June 5, 1990, aimed to deal in immovable properties. Due to limited business and financial constraints, the management decided to voluntarily liquidate the company. The company's authorized share capital was Rs. 7,00,000. The directors, Mr. Vikram Kamani and Mrs. Prem Kamani, approved a Declaration of Solvency and resolved to wind up the company. An Extraordinary General Meeting (EGM) passed a Special Resolution to liquidate the company and appointed Mr. Birendra Kumar Tripathi as the liquidator. The liquidator made a public announcement inviting claims and notified the Registrar of Companies. A valuation report for the immovable property was obtained. The liquidator filed a Final Report stating that all assets were
…Vikhyat Holdings…
The Board of Directors resolved to liquidate…
Sign in to view related legal provisions.