Solvent wind-down · IBC Section 59
Acendre India Private Limited
U72200KA2016FTC085801 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹4.27 Cr
Amount due to creditors
₹1.04 Cr
Amount paid to creditors
₹1.04 Cr
Liquidation expenses
₹0.23 Cr
Surplus to members
₹3.00 Cr
Time to dissolve
617 days
Commenced
15 Dec 2021
Dissolved
24 Aug 2023
Solvent voluntary liquidation under IBC Section 59 — a healthy company choosing to wind up. Creditors are paid in full and costs met before any surplus returns to members; there is no haircut or acquirer.
Here, ₹3.00 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved under section 59(8)
Company class
Private
Category
Company limited by shares
Sub-category
subsidiary of company incorporated outside India
Listing
Unlisted
Incorporated
3 Feb 2016
Authorised capital
₹5.00 L
Paid-up capital
₹1.00 L
ROC
ROC Bangalore
Industry
Business Services
PIN
560070
Registered office
Ground Floor, A Wing, Brigade Software Park No.42, 27th Cross , 2nd Stage , Banashan,kari,Bangalore,Bangalore,Karnataka,560070-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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