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Voluntary liquidation · IBC s.59

Allround Development Private Limited

CIN · U80900KA2020PTC139886 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

2 Aug 2024

View process timeline

What did the wind-down return?

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

Assets realised
Rs 9.34 Cr
Value realised from assets
Paid to creditors
Rs 14.00 L
100.0% of reported dues
Surplus to members
Rs 8.95 Cr
Reported surplus amount

Where the money went

Share of realisation
Creditors · 1.5%Rs 14.00 L
Expenses · 2.6%Rs 24.00 L
Members · 95.8%Rs 8.95 Cr

Amount due to creditors: Rs 14.00 L. Reported payout equals 100.0% of dues.

All financial figures & reading notes
Amounts as recorded for this voluntary liquidation
Realisation of assetsRs 9.34 Cr
Amount due to creditorsRs 14.00 L
Amount paid to creditorsRs 14.00 L
Liquidation expensesRs 24.00 L
Surplus to membersRs 8.95 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 dissolve594 days

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

Cost of the wind-down2.6% of realisation

the median is 9.5%

Surplus returnedYes

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

SizeRs 9.34 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 8.95 Cr in surplus was returned to members.

The wind-down, stage by stage

2 dated stages

594 days to dissolve
  1. 17 Dec 2022 Liquidation commenced
  2. 2 Aug 2024 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
Community, personal and Social Services
PIN
560035
Incorporated
17 Oct 2020
Authorised capital
Rs 15.00 L
Paid-up capital
Rs 1.54 L
CIN
U80900KA2020PTC139886
Registered office
2821/2634/47 Kasavanhalli Village,Bangalore,Bangalore,Karnataka,560035-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

Keep exploring.

See other companies in the voluntary liquidation register.

All voluntary liquidations