2022 (7) TMI 1188

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....Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017 (IBBI Regulations) seeking dissolution of M/s. R.S. Earthmovers Private Limited (herein referred to as the ("Company"). 2. The aforesaid Company was incorporated on 22.09.2004 under the provisions of Companies Act, 1956 with an objective to carry on the business of coal loading, coal transportation and allied materials. The registered office of the Company is presently situated at L-2 First Floor, Middle Portion, Gali No. 1, L-Block, Mahipalpur Extn, South West Delhi, Delhi-110037. 3. The following averments have been made in the petition:- a) That the Board of Directors at the board meeting held on 29.06.2017 passed a resolution to voluntarily liquid....

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.... g) That the company further submitted that there were no creditors in the Company as on the Liquidation Commencement Date i.e. 31.07.02017. h) That till the last date for submission of claims i.e. 30.08.2017, liquidator has stated that he has not received any claims from any stakeholders and regulatory departments. i) The Liquidator has also sent necessary intimations to all statutory authorities i.e. ROC, RBI and Income Tax Authority etc. j) That pursuant to Regulation 34 of the IBBI (Voluntary Liquidation Process) Regulations, 2017, the existing bank account maintained by the Company with Axis Bank, bearing Account No. 918020080853118 was converted into Liquidation Account on 26.09.2018. k) That....

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....proceeds. o) In terms of Regulation 9 of the IBBI Regulations, the voluntary liquidator submitted a preliminary report to the company on 12.09.2017. p) That pursuant to Regulation 38 of the IBBI (Voluntary Liquidation Process) Regulations, 2017, Liquidator prepared a Final Report and submitted the same to the Registrar of Companies, NCT of Delhi and the Insolvency and Bankruptcy Board of India on 15.09.2021 along with a copy of the Auditors Certificate on the liquidation, showing receipts and payments pertaining to liquidation since the liquidation commencement date. q) The applicant Company submitted that the affairs of the Company have been completely wound up and its assets have been completely liquidated. 4....