Allowed
Amit Kapoor v. Kay Pan Products Pvt. Ltd.
Allahabad HCCOPP/12/2019
Case brief
AI extract
What is this about?
This order dissolves Kay Pan Products Pvt. Ltd. due to paucity of assets and lack of funds to invite claims. The court directs the Official Liquidator to write off a Rs. 99,969.32 balance to the common pool fund, strike the company's name from the register, and comply with relevant Companies Act provisions.
What did the court decide?
Dissolution of the company ordered; balance amount written off to common pool fund; name struck off from the Register of Companies.