# In the matter of Brigantine Admec Container Services (india) Private Limited

> NCLT judgment dated 2022-04-27. Citation: TCN-2022-NCLT-04903. The case pertains to a Company Petition filed under Section 59(7) of the Insolvency and…

- **Court:** NCLT
- **Order date:** 27 Apr 2022
- **Citation:** TCN-2022-NCLT-04903
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-mumbai/brigantine-admec-container-services-india-private-limited-08e52eb0

## Summary

### Background

The case pertains to a Company Petition filed under Section 59(7) of the Insolvency and Bankruptcy Code, 2016, for the voluntary liquidation and dissolution of Brigantine Admec Container Services (India) Private Limited.

## Facts

The Company Petition was filed under Section 59(7) of the IBC, 2016, for voluntary liquidation.

Brigantine Admec Container Services (India) Private Limited initiated the petition through the Insolvency Professional, Mr. Shashikant Shravan Dhamne.

The Corporate Person was incorporated on 05.05.2009.

The Board of Directors passed a resolution on 08.03.2021 to liquidate the company voluntarily.

The company declared its solvency and absence of intent to defraud any person.

Mr. Shashikant Shravan Dhamne was appointed as the Liquidator.

The Liquidator notified the Registrar of Companies and the Income-tax Department about the liquidation.

The Liquidator made a public announcement regarding the liquidation.

The Liquidator submitted preliminary and final reports.

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## Issues and analysis

### Issue 1: Whether the Corporate Person has complied with the requirements of Section 59 of the Insolvency and …

**Ratio:** Section 59 of the IBC, 2016, outlines the procedure for voluntary liquidation of a

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**Reasoning:** The Corporate Person has passed a special resolution, appointed a liquidator, made

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**Interpretation:** The Corporate Person has fulfilled the conditions precedent for voluntary

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**Application:** The Corporate Person's actions align with the requirements of Section 59,

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## Parties

- **Judges:** SUCHITRA KANUPARTH…; ANURADHA SANJAY…; +1 more
- **Appellants:** Prachi Wa…
- **Respondents:** Brigantine Admec…
- **Other parties:** Mamta G…; Ganesh Kr…; +1 more
- **Advocates:** Prachi Wa…

## Timeline

- **2009-05-05 — Incorpor…**: The Corporate Person was…
- **2021-03-08 — Board Reso…**: The Board of Directors passed a resolution…

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