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RESEARCH From the Research Desk — The sub-Rs 100 crore acquisition market, sized. Read it →
Voluntary liquidation · IBC s.59

Alpha Healthsciences Private Limited

CIN · U85100DL2008PTC177375 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

1 Jan 2024

View process timeline

What did the wind-down return?

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

Assets realised
Rs 1.05 Cr
Value realised from assets
Paid to creditors
Rs 1.00 L
100.0% of reported dues
Surplus to members
Rs 95.00 L
Reported surplus amount

Where the money went

Share of realisation
Creditors · 1.0%Rs 1.00 L
Expenses · 8.6%Rs 9.00 L
Members · 90.5%Rs 95.00 L

Amount due to creditors: Rs 1.00 L. Reported payout equals 100.0% of dues.

All financial figures & reading notes
Amounts as recorded for this voluntary liquidation
Realisation of assetsRs 1.05 Cr
Amount due to creditorsRs 1.00 L
Amount paid to creditorsRs 1.00 L
Liquidation expensesRs 9.00 L
Surplus to membersRs 95.00 L

"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 dissolve1,992 days

1,374 days slower than the median of 618 days across 1,597 completed wind-downs

Cost of the wind-down8.6% of realisation

the median is 9.5%

Surplus returnedYes

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

SizeRs 1.05 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 95.00 L in surplus was returned to members.

The NCLT order

Read from the document itself

Bench
NEW DELHI, COURT-III
Case number
(IB) – 14(ND)/2021
Order date
1 Jan 2024

Applicant Company shall stand dissolved with effect from the date of pronouncement of this order.

What the bench said

The affairs of the Applicant Company have been completely wound up and its assets have been completely liquidated. No liabilities have been left unsatisfied. Voluntary Liquidation is not with the intent to defraud any person.

Statutory observations

As per the records the Company has not filed e-form GNL-2 enclosing form for Declaration of Solvency and intimation to Registrar of Companies, Delhi and Haryana about appointment of Voluntary Liquidator. The copy of annual status reports has not been filed by the liquidator

1 Jan 2024 · (IB) – 14(ND)/2021 · 8 pages Read the order

Why the company wound up

In the order's own words

The shareholders of the Company who were holding 100% of the equity share capital were not interested in continuing the business of the Company.

What it was set up to do
setting up of diagnostic centres, multi-specialty treatment centres, medical research & development centres, health care centres, wellness centres, medical education centres, training centres, meditation centres, yoga centres, medical transcription centres

The wind-down, stage by stage

10 dated stages

1,992 days to dissolve
  1. 21 Apr 2018 Declaration of solvency
  2. 19 Jul 2018 Board resolution to wind up
  3. 19 Jul 2018 Liquidation commenced
  4. 20 Jul 2018 Public announcement
  5. 1 Sep 2018 Preliminary report
  6. 31 Aug 2020 Final report
  7. 31 Aug 2020 Final report filed with the ROC
  8. 4 Jan 2021 Dissolution application filed
  9. 1 Jan 2024 NCLT order
  10. 1 Jan 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
Delhi
ROC
ROC Delhi
Industry
Community, personal and Social Services
PIN
110021
Incorporated
29 Apr 2008
Authorised capital
Rs 1.91 Cr
Paid-up capital
Rs 1.74 Cr
CIN
U85100DL2008PTC177375
Registered office
48/2, Commercial Centre, Malcha Marg,,New Delhi,Delhi,110021-India

Directors named in the order

Mr. Arun Sawhney · Mr. Prakash Lal Kapur

Shareholding as the order states it

MemberShares%
Prakash Lal Kapur5000
Gurmeet Singh Uberai5000
Alpha Healthsciences (Mauritius) Limited1527052
C & C Alpha Group Limited (UK)199999
Company registry · MCA data as on 12 Jun 2026. Capital figures are shown separately from the wind-down financials.

The money, as the order printed it

Rs as stated in the document — not the crore figures above

What the company held

Balances with Bank and other current assets

Unclaimed proceeds

undistributed proceeds of Rs 94,91,886/- transferred to Account Number 2254002100020356 having Branch at Barakhamba Road New Delhi of Punjab National Bank

These are the figures the NCLT order prints, in rupees. The crore figures higher up the page come from IBBI's outcome file. They are different measurements from different sources and are shown separately on purpose — the Cr/Lakh switch does not touch them.

Creditors and claims

As the order records them

received no claims from the creditors of the company as Operational Creditors and no claims has been received from the Financial Creditors, Employees, Workmen's and from other creditors.

Litigation and delays

The frictions the order records

Litigation

As per the data available and maintained no inquiry/ inspection/ complaint/ legal action has been proceeded/pending against the subject Company.

Why it took as long as it did

winding up could not be completed with period as defined under Rule 37 (1) of Insolvency and Bankruptcy Board of India (Voluntary liquidation Process) Regulations, 2017

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

Keep exploring.

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