Solvent wind-down · IBC Section 59

Akshara Enterprises Private Limited

U99999TG1996PTC026073 · Company
Dissolved under section 59(8)
Liquidation outcome · IBC s.59
Realisation of assets
₹1.06 Cr
Amount due to creditors
₹0.00 Cr
Amount paid to creditors
₹0.00 Cr
Liquidation expenses
₹0.02 Cr
Surplus to members
₹1.05 Cr
Time to dissolve
171 days
Commenced
28 Mar 2023
Dissolved
15 Sep 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, ₹1.05 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
Non-government company
Listing
Unlisted
Incorporated
31 Dec 1996
Authorised capital
₹1.00 Cr
Paid-up capital
₹98.98 L
ROC
ROC Hyderabad
Industry
Community, personal and Social Services
PIN
506002
Registered office
H. No. 11-25-71/A Kothawada,Warangal,Telangana,506002-India
Liquidator
ICSI Institute of Insolvency Professiona
IBBI/IPA-002/IP-N00012/2016-2017/10029
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