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    <title>2021 (5) TMI 105 - NATIONAL COMPANY LAW TRIBUNAL , KOLKATA BENCH</title>
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    <description>The Tribunal found that the statutory requirements for voluntary liquidation and dissolution under the Insolvency and Bankruptcy Code, 2016 and the applicable liquidation regulations were satisfied. It relied on the directors&#039; declaration, audited financial statements, valuation material, members&#039; special resolution, public notice, service on statutory authorities, and the final report, and noted that the company had no operations, no subsisting liabilities, and no reported fraud. As no objection was received from the Registrar of Companies or the Income-tax authorities, dissolution was permitted and the corporate person was ordered to be dissolved under section 59(8).</description>
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      <description>The Tribunal found that the statutory requirements for voluntary liquidation and dissolution under the Insolvency and Bankruptcy Code, 2016 and the applicable liquidation regulations were satisfied. It relied on the directors&#039; declaration, audited financial statements, valuation material, members&#039; special resolution, public notice, service on statutory authorities, and the final report, and noted that the company had no operations, no subsisting liabilities, and no reported fraud. As no objection was received from the Registrar of Companies or the Income-tax authorities, dissolution was permitted and the corporate person was ordered to be dissolved under section 59(8).</description>
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