Event Date: N/A
Annexure to the notice dated 21 March 2025 addresses stakeholders of Fincare Business Services Limited (FBSL), currently under voluntary liquidation. The subject pertains to details of the indicative fair market value of assets and accumulated profits of FBSL as of 20 March 2025.
Key Financial Details (as of March 20, 2025):
Stakeholders are requested to consult their own tax advisor/consultant regarding the tax implications related to their respective share of accumulated profits. The actual distribution date's fair market value of assets and accumulated profits will be communicated to stakeholders later.
Notice Convening Meeting of Stakeholders (Dated 21.03.2025):
A meeting of the stakeholders of Fincare Business Services Limited will be held on Monday, March 24, 2025, at 10:00 A.M. via video conferencing. The agenda includes:
Stakeholders are requested to join the meeting via MICROSOFT TEAMS/ZOOM/WEBEX App/Browser and may join at the specified date and time with the Meeting ID shared separately via email. The meeting facility will open 15 minutes prior. Stakeholders are requested to convey their vote at the meeting, and to note, that if a vote is required, the Stakeholders can cast their vote only by sending e-mail through their email id to the designated email id of the Company/ OR use of e voting platform. Corporate Stakeholders intending to send their authorized representatives other than authorized representatives who submitted the claim form on behalf of the Corporate Stakeholder, are requested to send, to the Company, a duly certified copy of the Board Resolution authorizing their representatives to attend and vote on their behalf at the Meeting.
Enclosed with the notice is an authority letter for authorized representatives. The authority letter requests intimation of identity details of the authorized representative, including any appointed insolvency professional, attending the first meeting of the Stakeholders Consultation Committee. It requires the name and designation of the authorized person, the insolvency professional registration number (if applicable), the identity proof type (PAN/Aadhaar/Passport) and number, the signature of the stakeholder, and designation of the stakeholder and signature and name of the authorized person, with designation. The authorized person must carry the specified identity proof to the meeting.
Fincare Business Services Limited is registered as a core investment company under the RBI Act 1934.
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