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Voluntary liquidation · IBC s.59

Alliance Laundry Private Limited

CIN · U93000DL2014FTC267424 company Delhi 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

8 Jun 2023

View process timeline

What did the wind-down return?

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

Assets realised
Rs 3.56 Cr
Value realised from assets
Paid to creditors
Rs 12.00 L
100.0% of reported dues
Surplus to members
Rs 3.34 Cr
Reported surplus amount

Where the money went

Share of realisation
Creditors · 3.4%Rs 12.00 L
Expenses · 2.8%Rs 10.00 L
Members · 93.8%Rs 3.34 Cr

Amount due to creditors: Rs 12.00 L. Reported payout equals 100.0% of dues.

All financial figures & reading notes
Amounts as recorded for this voluntary liquidation
Realisation of assetsRs 3.56 Cr
Amount due to creditorsRs 12.00 L
Amount paid to creditorsRs 12.00 L
Liquidation expensesRs 10.00 L
Surplus to membersRs 3.34 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 register
Time to dissolve477 days

141 days faster than the median of 618 days across 1,597 completed wind-downs

Cost of the wind-down2.8% of realisation

the median is 9.5%

Surplus returnedYes

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

SizeRs 3.56 Cr

above 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 3.34 Cr in surplus was returned to members.

The NCLT order

Read from the document itself

Bench
New Delhi Bench-VI
Case number
(IB)-19/ND/2023
Order date
8 Jun 2023

CP(IB) 19/ND/2023 stands allowed. The company is hereby dissolved with effect from the date of the present order.

What the bench said

In view of the foregoing steps taken and the satisfaction accorded by the Liquidator by way of the present application, there is no legal impediment in allowing the prayer of the applicant.

Statutory observations

RoC filed its report dated 30.01.2023 stating no pending inquiries, inspections, complaints or legal actions and no objections to the dissolution. Income Tax Department forwarded No Dues Certificate dated 27th April 2022.

8 Jun 2023 · (IB)-19/ND/2023 · 12 pages Read the order

Why the company wound up

In the order's own words

The Company has discontinued its business operation. Further, the Company does not have any plans to restart its business operations and accordingly the management is of the opinion that it is in the interest of all stakeholders to voluntarily liquidate the Company.

What it was doing by the end
The Company has discontinued its business operation.

The wind-down, stage by stage

9 dated stages

477 days to dissolve
  1. 8 Feb 2022 Board resolution to wind up
  2. 16 Feb 2022 Liquidation commenced
  3. 19 Feb 2022 Public announcement
  4. 31 Mar 2022 Preliminary report
  5. 18 Oct 2022 Final report
  6. 18 Oct 2022 Final report filed with the ROC
  7. 18 Oct 2022 Final report filed with IBBI
  8. 8 Jun 2023 NCLT order
  9. 8 Jun 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
subsidiary of company incorporated outside India
Listing
Unlisted
State
Delhi
ROC
ROC Delhi
Industry
Community, personal and Social Services
PIN
110017
Incorporated
2 Apr 2014
Authorised capital
Rs 2.85 Cr
Paid-up capital
Rs 2.85 Cr
CIN
U93000DL2014FTC267424
Registered office
Unit No. 216, Second Floor, Commercial Building Square One, C-2, District Centre, Saket,,New Delhi,South Delhi,Delhi,110017-India
Company registry · MCA data as on 12 Jun 2026. Capital figures are shown separately from the wind-down financials.

Creditors and claims

As the order records them

Ernst & Young LLP: Rs. 1,41,600/-; S.R. Batliboi & Co. LLP: Rs. 10,24,093/-

Creditor approval

Both the creditors of the Company gave their consent to the proposed Voluntary Liquidation of the Company vide their letters dated February 16, 2022

Litigation and delays

The frictions the order records

Litigation

According to RoC records, there are no pending inquiries, inspections, complaints, or legal actions against the subject company.

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

Keep exploring.

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