TRANS ASIA CORPORATION LTD. - Announcement under Regulation 30 (LODR)-Winding-up
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| 25 Feb 2021 | |
| This is to inform that in the meeting of the Board of Directors of Trans Asia Corporation Limited shall be held on 25th February, 2021, inter alia, the following decisions were taken: <BR> <BR> a. The Declaration of Solvency of the Company prepared pursuant to the Insolvency and Bankruptcy Code , 2016 (''IBC, 2016'') was considered and approved by the Board of Directors. <BR> <BR> b. Subject to the approval of members and other concerned authority, the Voluntary Winding up of the affairs of the Company under Section 59 and other applicable provisions of IBC, 2016, read with the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017 ('VLP, 2017') made thereunder was considered and approved. Subject to the approval of members and other concerned authority, <BR> <BR> c. The Board also approved the notice of the Extra ordinary General Meeting of the Company and the same shall be send to the members, stock exchange and other concerned in due course.<BR> | |
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