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Veritaoil Pte Ltd undergoes Creditors’ Voluntary Liquidation

06 Apr 2021

A notice was published in the Government Gazette on Thursday (1 April) regarding Veritaoil Pte Ltd which is currently in creditors’ voluntary liquidation.

An extraordinary general meeting of the company was held electronically on Wednesday, 31 March at 2.00 pm,  where the following resolutions were duly passed:

  • Pursuant to the Insolvency, Restructuring and Dissolution Act 2018, Veritaoil is to be wound up voluntarily.
  • Farooq Ahmad Mann of M/s Mann & Associates PAC is hereby appointed Liquidator of the company for the winding up process.
  • To consider appointing persons to act as members of any Committee of Inspection that may be set up by the creditors during the winding up of the company.

Related: Veritaoil Pte Ltd calls for creditors meeting to nominate liquidators 

Photo credit: Benjamin Child
Published: 6 April, 2021

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