The case pertains to the voluntary liquidation of Digital Reading Foundation under Section 59 of the Insolvency and Bankruptcy Code, 2016. The company initiated voluntary liquidation after ceasing operations and resolving to do so in a board meeting. The liquidator, Mr. Kunwarpreet Singh, filed an application for dissolution of the company after completing the necessary procedures.
Digital Reading Foundation initiated voluntary liquidation under Section 59 of the Insolvency and Bankruptcy Code, 2016.
The company ceased all its activities and was no longer conducting any operations.
The Board of Directors resolved to initiate voluntary liquidation in a meeting held on 07.01.2025.
Ms. Smita Sircar and Mr. Pradeep Kumar, Directors of the company, executed separate Declarations of Solvency.
Mr. Kunwarpreet Singh was appointed as the Liquidator.
The Liquidator made a public announcement for the commencement of liquidation.
The Liquidator opened a Liquidation Bank Account with Axis Bank Limited.
The Liquidator submitted a preliminary report to the Corporate Person and the IBBI.
The Liquidator submitted a final report to the IBBI and the Registrar of Companies.
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Board of Directors of the Applicant Company…
Ms. Smita Sircar and Mr. Pradeep Kumar,…
The case pertains to the voluntary liquidation of Digital Reading Foundation under Section 59 of the Insolvency and Bankruptcy Code, 2016. The company initiated voluntary liquidation after ceasing operations and resolving to do so in a board meeting. The liquidator, Mr. Kunwarpreet Singh, filed an application for dissolution of the company after completing the necessary procedures.
Digital Reading Foundation initiated voluntary liquidation under Section 59 of the Insolvency and Bankruptcy Code, 2016.
The company ceased all its activities and was no longer conducting any operations.
The Board of Directors resolved to initiate voluntary liquidation in a meeting held on 07.01.2025.
Ms. Smita Sircar and Mr. Pradeep Kumar, Directors of the company, executed separate Declarations of Solvency.
Mr. Kunwarpreet Singh was appointed as the Liquidator.
The Liquidator made a public announcement for the commencement of liquidation.
The Liquidator opened a Liquidation Bank Account with Axis Bank Limited.
The Liquidator submitted a preliminary report to the Corporate Person and the IBBI.
The Liquidator submitted a final report to the IBBI and the Registrar of Companies.
…Board of Directors of the Applicant Company…
Ms. Smita Sircar and Mr. Pradeep Kumar,…