A S V Gears Private Limited
The wind-down at a glance. Follow the recorded outcome, financials and people behind this company.
What did the wind-down return?
Reported financials Rs crore, shown in lakh below Rs 1 crore
Where the money went
Share of realisationAmount due to creditors: Rs 2.00 L. Reported payout equals 100.0% of dues.
All financial figures & reading notes
| Realisation of assets | Rs 52.00 L |
|---|---|
| Amount due to creditors | Rs 2.00 L |
| Amount paid to creditors | Rs 2.00 L |
| Liquidation expenses | Rs 1.00 L |
| Surplus to members | Rs 49.00 L |
"Not reported" means no figure is available. A reported zero is shown as zero. Registry capital further down the page is separate from liquidation proceeds, and so are any figures read from the NCLT order.
Where this wind-down sits
against every completed s.59 on the register1,104 days slower than the median of 618 days across 1,597 completed wind-downs
the median is 9.5%
72% of completed wind-downs returned a surplus to members
below the median realisation of Rs 66.00 L
This is a voluntary liquidation under IBC Section 59 — a solvent company choosing to wind up. Creditors are paid in full and costs met before any surplus returns to members; there is no haircut and no acquirer. Read assets realised, creditor payments, expenses and members' surplus separately. Here, Rs 49.00 L in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- MUMBAI BENCH-I
- Case number
- CP (IB) No.3919/MB-I/2019
- Order date
- 8 Dec 2023
Dissolved from the date of this order
What the bench said
affairs of the company have been completely wound up, and its assets have been completely liquidated
Why the company wound up
In the order's own words
- What it was doing by the end
- the Company is not carrying any business and not earning any profits
The wind-down, stage by stage
8 dated stages
- 22 Feb 2019 Declaration of solvency
- 22 Mar 2019 Board resolution to wind up
- 22 Mar 2019 Liquidation commenced
- 26 Mar 2019 Public announcement
- 20 Apr 2019 Preliminary report
- 29 Aug 2019 Final report
- 8 Dec 2023 NCLT order
- 8 Dec 2023 Dissolved
Green marks a date from the IBBI register; blue marks a date read from an NCLT order.
The company behind the record
Identity, registration and capital
- MCA status
- Active
- Company class
- Private
- Category
- Company limited by shares
- Sub-category
- Non-government company
- Listing
- Unlisted
- State
- Maharashtra
- ROC
- ROC Pune
- Industry
- Manufacturing (Machinery and Equipments)
- PIN
- 411026
- Incorporated
- 7 Nov 1978order says 18 Feb 1998
- Authorised capital
- Rs 10.00 L
- Paid-up capital
- Rs 10.00 L
- CIN
- U29130MH1978PTC020750
- Registered office
- W-110 S BLOCK MIDCBHOSARI,PUNE,Pune,Maharashtra,411026-India
Directors named in the order
Sanjay Ganpati Patil · Radhika Navneet Mitter
The money, as the order printed it
Rs as stated in the document — not the crore figures above
What the company held
company does not have any liabilities and Creditors nor there are any realizable assets
Creditors and claims
As the order records them
The Liquidator did not receive any claims from the operational creditors, financial creditors, workmen, employees and other stakeholders
Creditor approval
Submitted consent letters dated 22.03.2019 of its Creditors
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.