The case pertains to a company petition filed under Section 59 of the Insolvency and Bankruptcy Code, 2016, seeking voluntary liquidation of M/s. VSPLASH TECHWORKS PRIVATE LIMITED. The company, originally named "Vsplash.com (India) Private Limited", decided to wind up its operations due to financial non-viability. The Board of Directors declared solvency, and the shareholders passed a special resolution to liquidate the company and appoint Mr. Manjeet Bucha as the liquidator. Public announcements were made, and the company notified relevant authorities, including IBBI and the IT Department. The liquidation process involved settling dues, closing bank accounts, and distributing remaining assets to shareholders.
M/s. VSPLASH TECHWORKS PRIVATE LIMITED (CIN: U72200TG2000PTC033344), formerly known as "Vsplash.com (India) Private Limited", was incorporated on 24.01.2000. The company engaged in software development, marketing design, and research. Due to financial non-viability, the Board of Directors decided to voluntarily liquidate the company. A Declaration of Solvency was made on 24.03.2021. Shareholders passed a special resolution on 25.03.2021 to liquidate the company and appoint Mr. Manjeet Bucha as the liquidator. Public announcements were made on 31.03.2021. The company had no creditors. Dues were paid to 09 shareholders between 26.08.2019 and 08.08.2020. The company notified IBBI, the Registrar of Companies, and the IT Department on 07.04.2021. IT Department
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M/S VSPLASH TECHWORKS…
The Board m…
The case pertains to a company petition filed under Section 59 of the Insolvency and Bankruptcy Code, 2016, seeking voluntary liquidation of M/s. VSPLASH TECHWORKS PRIVATE LIMITED. The company, originally named "Vsplash.com (India) Private Limited", decided to wind up its operations due to financial non-viability. The Board of Directors declared solvency, and the shareholders passed a special resolution to liquidate the company and appoint Mr. Manjeet Bucha as the liquidator. Public announcements were made, and the company notified relevant authorities, including IBBI and the IT Department. The liquidation process involved settling dues, closing bank accounts, and distributing remaining assets to shareholders.
M/s. VSPLASH TECHWORKS PRIVATE LIMITED (CIN: U72200TG2000PTC033344), formerly known as "Vsplash.com (India) Private Limited", was incorporated on 24.01.2000. The company engaged in software development, marketing design, and research. Due to financial non-viability, the Board of Directors decided to voluntarily liquidate the company. A Declaration of Solvency was made on 24.03.2021. Shareholders passed a special resolution on 25.03.2021 to liquidate the company and appoint Mr. Manjeet Bucha as the liquidator. Public announcements were made on 31.03.2021. The company had no creditors. Dues were paid to 09 shareholders between 26.08.2019 and 08.08.2020. The company notified IBBI, the Registrar of Companies, and the IT Department on 07.04.2021. IT Department
…M/S VSPLASH TECHWORKS…
The Board m…