2022 (6) TMI 51

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....d Veera Brahma Rao Arekapudi, Member (T) For the Appellant : L. Dhanmjay Reddy, Company Secretary in Practice ORDER 1. This Petition is filed by the Corporate Person through its Liquidator under Section 59 of the Insolvency and Bankruptcy Code, 2016 (hereinafter referred to as "Code") with the prayer of dissolution of the Company. 2. The Company was incorporated under the provisions of....

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....ar, an Insolvency Professional with Registration no. IBBI/IPA-002/IPA-N00463/2017-18/11335, to act as Liquidator. 6. The Liquidator on 02.03.2021 made Public Announcement in Form A inviting claims from the stakeholders in Financial Express (English Newspaper) and Nava Telangana (Telugu Newspaper) and the last date for submission of claim was 31.03.2021, thirty days from the liquidation commence....

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.... having completed the distribution closed the Bank Account with Kotak Mahindra Bank, Hyderabad on 12.01.2022 and the Liquidator has submitted the Final report dated 09.02.2022 of realisation and distribution to Registrar of Companies, Hyderabad and to IBBI. 10. It is noted that the Corporate Person have been completely wound up and its assets completely liquidated. Hence, we are of considered v....