Aetherpal (India) 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
Reported amountsCreditor dues are not reported, so the payout cannot be assessed against them.
All financial figures & reading notes
| Realisation of assets | Rs 3.18 Cr |
|---|---|
| Amount due to creditors | Not reported |
| Amount paid to creditors | Not reported |
| Liquidation expenses | Rs 6.00 L |
| Surplus to members | Rs 3.11 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 register99 days faster 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 3.11 Cr in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- DIVISION BENCH — 1, CHENNAI
- Case number
- CP(IB)/235(CHE)/2021
- Order date
- 14 Dec 2021
Dissolved effective order date
What the bench said
the affairs of the Company have been completely wound up and the assets of the Applicant Company have been completely liquidated and as such the Applicant Company deserves to be dissolved
Why the company wound up
In the order's own words
- What it was set up to do
- to carry on the business of providing Mobile Device Management Service involved in the development of mobile service software and connected device care products for the mobile operators to resolve the issues arising out of the mobile devices etc.
The wind-down, stage by stage
7 dated stages
- 17 Jun 2020 Board resolution to wind up
- 13 Jul 2020 Declaration of solvency
- 13 Jul 2020 Liquidation commenced
- 16 Jul 2020 Public announcement
- 27 Aug 2020 Preliminary report
- 14 Dec 2021 NCLT order
- 14 Dec 2021 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 (Liquidated)
- Company class
- Private
- Category
- Company limited by shares
- Sub-category
- Non-government company
- Listing
- Unlisted
- State
- Tamil Nadu
- ROC
- ROC Chennai
- Industry
- Business Services
- PIN
- 600032
- Incorporated
- 30 Jul 2013
- Authorised capital
- Rs 5.00 L
- Paid-up capital
- Rs 5.00 L
- CIN
- U72300TN2013PTC092356
- Registered office
- SKCL Central Square I, 7th Floor, South Wing C28-C35, CIPET Road, Thiru-Vi-Ka Industr,ial Estate,Guindy Chennai,Chennai,Tamil Nadu,600032-India
Directors named in the order
Guruparan Muruguvannan · Deepak Kumar Vijay · S. Vasudevan
Shareholding as the order states it
| Member | Shares | % |
|---|---|---|
| Aetherpal LLC | 49500 | |
| RSM Solutions LLC | 500 |
Litigation and delays
The frictions the order records
Litigation
no litigation was pending against the applicant company
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.