Aaroh Finance and Investments 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 37.00 L |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 2.00 L |
| Surplus to members | Rs 35.00 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 register25 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 35.00 L in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- New Delhi Bench Court - IV
- Case number
- C.P.(IB)/714/ND/2022
- Order date
- 19 Jul 2023
Dissolved effective order date
What the bench said
The Liquidator is found to have complied with the statutory provisions to complete the liquidation process by taking necessary steps. The affairs of the Applicant Company have been completely wound up and its assets have been completely liquidated and no liabilities have been left unsatisfied.
Statutory observations
No adverse comments have been received from any statutory authority or from public at large against such dissolution.
Why the company wound up
In the order's own words
- What it was set up to do
- engaged in the business of financing all types of commercial and non-commercial establishments whether corporate or non-corporate; to lend money and negotiate loans or every description and to transact business promoters, financiers and monetary agents
The wind-down, stage by stage
8 dated stages
- 7 Sep 2021 Board resolution to wind up
- 14 Oct 2021 Liquidation commenced
- 15 Oct 2021 Public announcement
- 22 Nov 2021 Preliminary report
- 15 Jun 2022 Final report
- 15 Jun 2022 Final report filed with IBBI
- 19 Jul 2023 NCLT order
- 19 Jul 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
- Dissolved under section 59(8)
- Company class
- Private
- Category
- Company limited by shares
- Sub-category
- Non-government company
- Listing
- Unlisted
- State
- Delhi
- ROC
- ROC Delhi
- Industry
- Finance
- PIN
- 110001
- Incorporated
- 20 Mar 1997
- Authorised capital
- Rs 30.00 L
- Paid-up capital
- Rs 26.00 L
- CIN
- U65929DL1997PTC086017
- Registered office
- 10, SAGAR APPARTMENTS, 6, TILAK MARG,NEW DELHI,Delhi,110001-India
The money, as the order printed it
Rs as stated in the document — not the crore figures above
What the company held
Units of mutual funds (Franklin India Short Term Income Plan)
Creditors and claims
As the order records them
No claims received
Creditor approval
The company did not have any creditor as on 30.09.2021.
Litigation and delays
The frictions the order records
Litigation
No litigation is pending against the company in any Court of Law or Tribunal.
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.