R Systems International has completed the liquidation of non-functional wholly owned subsidiary of the company in Belgium ‘R Systems NV, Belgium’ with effect from June 24, 2013, as per the applicable laws of Belgium.
Earlier, the board of directors of the company at its meeting held on February 20, 2011 had accorded its consent and approval for liquidation of said wholly owned subsidiary. The board has approved for the above as R Systems NV, Belgium, wholly owned subsidiary of the company was non-operational.
R Systems International is a software product development and BPO services company. It helps companies bring products and services to market quicker by using its proprietary suite execution framework.
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