Voluntary liquidation · IBC s.59

Aeroflex Systems Private Limited

CIN · U74999KA2012PTC063200 Company Karnataka MCA · Dissolved under section 59(8)

The wind-down at a glance. Follow the recorded outcome, financials and people behind this company.

Process record Dissolution recorded

15 Feb 2023

View process timeline

What did the wind-down return?

Reported financials Rs crore, shown in lakh below Rs 1 crore

Assets realised

Rs 39.00 L

Value realised from assets

Paid to creditors

Rs 1.00 L

100.0% of reported dues

Surplus to members

Rs 19.00 L

Reported surplus amount

Where the money went

Share of realisation

Creditors · 2.6%Rs 1.00 L

Expenses · 48.7%Rs 19.00 L

Members · 48.7%Rs 19.00 L

Amount due to creditors: Rs 1.00 L. Reported payout equals 100.0% of dues.

All financial figures & reading notes

Amounts as recorded for this voluntary liquidation
Realisation of assets	Rs 39.00 L
Amount due to creditors	Rs 1.00 L
Amount paid to creditors	Rs 1.00 L
Liquidation expenses	Rs 19.00 L
Surplus to members	Rs 19.00 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 register

Time to dissolve687 days

69 days slower than the median of 618 days across 1,597 completed wind-downs

Cost of the wind-down48.7% of realisation

the median is 9.5%

Surplus returnedYes

72% of completed wind-downs returned a surplus to members

SizeRs 39.00 L

below the median realisation of Rs 66.00 L

Reading this record

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 19.00 L in surplus was returned to members.

The wind-down, stage by stage

2 dated stages

687 days to dissolve

30 Mar 2021 Liquidation commenced
15 Feb 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: Karnataka
ROC: ROC Bangalore
Industry: Business Services
PIN: 560025
Incorporated: 22 Mar 2012
Authorised capital: Rs 5.00 L
Paid-up capital: Rs 1.37 L
CIN: U74999KA2012PTC063200
Registered office: 602,6th Floor , Raheja Paramount Residency Road,Bangalore,Karnataka,560025-India

Company registry · MCA data as on 12 Jun 2026. Capital figures are shown separately from the wind-down financials.

Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error

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