Solvent wind-down · IBC Section 59
Allround Development Private Limited
U80900KA2020PTC139886 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹9.34 Cr
Amount due to creditors
₹0.14 Cr
Amount paid to creditors
₹0.14 Cr
Liquidation expenses
₹0.24 Cr
Surplus to members
₹8.95 Cr
Time to dissolve
594 days
Commenced
17 Dec 2022
Dissolved
2 Aug 2024
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, ₹8.95 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
17 Oct 2020
Authorised capital
₹15.00 L
Paid-up capital
₹1.54 L
ROC
ROC Bangalore
Industry
Community, personal and Social Services
PIN
560035
Registered office
2821/2634/47 Kasavanhalli Village,Bangalore,Bangalore,Karnataka,560035-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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