The case pertains to the voluntary liquidation of M/s. VSN Pan Products Limited, initiated under Section 59(7) of the Insolvency and Bankruptcy Code (IBC), 2016, read with the IBBI (Voluntary Liquidation Process) Regulations, 2017. The company was incorporated on 19.07.2016 and decided to wind up its affairs through voluntary liquidation, appointing Mr. Pinakin Shah as the liquidator. The liquidator followed the prescribed procedures, including submitting declarations of solvency, passing a special resolution, making public announcements, opening a bank account for liquidation purposes, and submitting preliminary and final reports.
M/s. VSN Pan Products Limited was incorporated on 19.07.2016 with an authorized share capital of Rs. 1,00,00,000. The company's main business involved manufacturing, importing, exporting, and dealing in pan masala and related products. On 04.12.2020, the Board of Directors resolved to voluntarily liquidate the company, filing a Declaration of Solvency on 27.01.2021. A Special Resolution to liquidate the company voluntarily was passed on 01.01.2021, and Mr. Pinakin Shah was appointed as the liquidator. The commencement of liquidation was intimated to the ROC and IBBI. Public announcements were made to invite claims from stakeholders. The liquidator opened a separate bank account for liquidation purposes. The final report dated 09.04.2022 was submitted to the ROC and
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M/s. VSN Pan P…
The Board of Directors decided to wind up…
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The case pertains to the voluntary liquidation of M/s. VSN Pan Products Limited, initiated under Section 59(7) of the Insolvency and Bankruptcy Code (IBC), 2016, read with the IBBI (Voluntary Liquidation Process) Regulations, 2017. The company was incorporated on 19.07.2016 and decided to wind up its affairs through voluntary liquidation, appointing Mr. Pinakin Shah as the liquidator. The liquidator followed the prescribed procedures, including submitting declarations of solvency, passing a special resolution, making public announcements, opening a bank account for liquidation purposes, and submitting preliminary and final reports.
M/s. VSN Pan Products Limited was incorporated on 19.07.2016 with an authorized share capital of Rs. 1,00,00,000. The company's main business involved manufacturing, importing, exporting, and dealing in pan masala and related products. On 04.12.2020, the Board of Directors resolved to voluntarily liquidate the company, filing a Declaration of Solvency on 27.01.2021. A Special Resolution to liquidate the company voluntarily was passed on 01.01.2021, and Mr. Pinakin Shah was appointed as the liquidator. The commencement of liquidation was intimated to the ROC and IBBI. Public announcements were made to invite claims from stakeholders. The liquidator opened a separate bank account for liquidation purposes. The final report dated 09.04.2022 was submitted to the ROC and
…M/s. VSN Pan P…
The Board of Directors decided to wind up…
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