2021 (6) TMI 441

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....mited, through its Liquidator (Insolvency Profession), seeking voluntary liquidation. 2. M/s. Connate Insurance Surveyors and Loss Assessors Private Limited (referred to as Corporate Person for the sake of brevity) was incorporated under the provisions of Companies Act, 1956 on 19.02.2014 having its registered office at EzResolve LLP, 402B, 4th Floor Technopolis, Chikoti Gardens, Begumpet, Hyderabad-500016. 3. It is averred that the management of the Corporate Person decided to wind up the Company as the Company was not carrying out any business for a considerable amount of time. 4. The Board of Directors of the Corporate Person, decided to liquidate the company voluntarily. The Board also made a Declaration of Solvency dated 16.08....

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.....2018 in "Financial Express" (English) and "Vaartha" (Telugu) newspapers inviting claims from the stakeholders, if any, as required under Regulation 14 of IBBI (Voluntary Liquidation Process) Regulations, 2017. The Company has no creditor and hence not sought any approval from the Creditors. However, the Liquidator has not received any claims. There are 18 shareholders in the Company as detailed at para 74 of the Application. The dues were paid to the members of the Company on 31.10.2018, 26.12.2018 and from 22.09.2020 to 09.10.2020. 8. The Liquidator has further complied with Regulation 37 of Insolvency & Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017 by holding a meeting of contributories of the Corporate P....