Aar Ess Agro Commodities 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 0. No payout percentage is calculated against zero or negative dues.
All financial figures & reading notes
| Realisation of assets | Rs 1.36 Cr |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 4.00 L |
| Surplus to members | Rs 1.31 Cr |
"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 register528 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
above 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 1.31 Cr in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- NEW DELHI BENCH-IV
- Case number
- (IB)-482/ND/2021
- Order date
- 22 Feb 2022
Dissolved effective order date
What the bench said
In view of the foregoing and in view of the satisfaction accorded by the voluntary liquidator by way of the present application, the said company is hereby dissolved with effect from the date of the present order.
Statutory observations
Pursuant to the service of the notices to the ROC and IBBI, no objection has been raised by them.
Why the company wound up
In the order's own words
suspended its trading operations since long time and the management was of the opinion that no business prospectus could be foreseen
- What it was doing by the end
- The Company has suspended its trading operations since long time and the management was of the opinion that no business prospectus could be foreseen.
The wind-down, stage by stage
6 dated stages
- 8 Dec 2018 Board resolution to wind up
- 3 Jan 2019 Liquidation commenced
- 5 Jan 2019 Public announcement
- 11 Feb 2019 Preliminary report
- 22 Feb 2022 NCLT order
- 22 Feb 2022 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
- Under Liquidation
- Company class
- Private
- Category
- Company limited by shares
- Sub-category
- Non-government company
- Listing
- Unlisted
- State
- Delhi
- ROC
- ROC Delhi
- Industry
- Business Services
- PIN
- 110002
- Incorporated
- 28 Nov 2003
- Authorised capital
- Rs 1.00 Cr
- Paid-up capital
- Rs 1.00 Cr
- CIN
- U74999DL2003PTC123272
- Registered office
- 4735/22, ROOM NO 219, PRAKASH DEEP BUILDING, 2ND FLOOR, DELHI MEDICAL ASSOCIATION ROAD, D,ARYA GANJ,DELHI,Delhi,110002-India
Creditors and claims
As the order records them
No claims were received from any creditor.
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.