Solvent wind-down · IBC Section 59
Aishwariyam Micro Finance Limited
U67190TZ2016PLC027789 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹2.06 Cr
Amount due to creditors
—
Amount paid to creditors
—
Liquidation expenses
₹0.03 Cr
Surplus to members
₹2.03 Cr
Time to dissolve
429 days
Commenced
22 Jul 2019
Dissolved
23 Sep 2020
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, ₹2.03 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved (Liquidated)
Company class
Public
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
18 Jul 2016
Authorised capital
₹5.00 Cr
Paid-up capital
₹2.02 Cr
ROC
ROC Coimbatore
Industry
Finance
PIN
638001
Registered office
NO.57, AVVAIYAR STREET, TEACHERS COLONY,ERODE,Erode,Tamil Nadu,638001-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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