Solvent wind-down · IBC Section 59
Amba Steel Limited
U27320TN1996PLC036591 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹0.29 Cr
Amount due to creditors
—
Amount paid to creditors
—
Liquidation expenses
₹0.03 Cr
Surplus to members
₹0.27 Cr
Time to dissolve
890 days
Commenced
22 Apr 2019
Dissolved
28 Sep 2021
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, ₹0.27 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved (Liquidated)
Company class
Public
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
20 Sep 1996
Authorised capital
₹5.00 Cr
Paid-up capital
₹33.40 L
ROC
ROC Chennai
Industry
Manufacturing (Metals and Chemicals, and products thereof)
PIN
600081
Registered office
660/3, T.H.ROADTONDIARPET MADRAS 81,MADRAS 81,Tamil Nadu,600081-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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