A company has been ordered to be liquidated due to its prolonged inactivity and lack of assets. The decision was made after no viable plan emerged to resolve its issues. This company had stopped operating and had no employees or fixed assets.
The Committee of Creditors had unanimously agreed to initiate liquidation proceedings, citing the company's inactive state and absence of viable resolution applicants.
Further details about the liquidation and the company's circumstances are available from the source.
Standing committee chairperson Prabhakar Shinde has sought an inquiry into the matter, action against the officials responsible, and the tabling of a report within 15 days...
Mumbai: The University of Mumbai has extended the deadline for admissions to undergraduate and postgraduate programmes offered through its Centre for Distance and Online Education (CDOE) till September 30, giving eligible students additional time to submit their applications. The...