Ammeraal Beltech (India) Private Limited
The wind-down at a glance. Follow the recorded outcome, financials and people behind this company.
What did the wind-down return?
Reported financials Rs crore, shown in lakh below Rs 1 crore
Where the money went
Share of realisationAmount due to creditors: Rs 8.00 L. Reported payout equals 100.0% of dues.
All financial figures & reading notes
| Realisation of assets | Rs 2.84 Cr |
|---|---|
| Amount due to creditors | Rs 8.00 L |
| Amount paid to creditors | Rs 8.00 L |
| Liquidation expenses | Rs 3.00 L |
| Surplus to members | Rs 2.72 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 register162 days faster than the median of 618 days across 1,597 completed wind-downs
the median is 9.5%
72% of completed wind-downs returned a surplus to members
above the median realisation of Rs 66.00 L
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 2.72 Cr in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- DIVISION BENCH - I, CHENNAI
- Case number
- CP(IB)/139(CHE)/2023
- Order date
- 12 Oct 2023
Dissolved effective order date
What the bench said
affairs of the Company have been completely wound up and the assets of the Applicant Company have been completely liquidated
Why the company wound up
In the order's own words
no significant business from 31.03.2021 and no revival plan could be worked out
- What it was set up to do
- manufacture of rubber conveyor, transmission belts, etc.
- What it was doing by the end
- no significant business from 31.03.2021
The wind-down, stage by stage
9 dated stages
- 11 Jul 2022 Board resolution to wind up
- 13 Jul 2022 Liquidation commenced
- 16 Jul 2022 Public announcement
- 24 Jul 2022 Preliminary report
- 13 Aug 2022 Last date for creditors to claim
- 4 Jul 2023 Final report
- 8 Jul 2023 Final report filed with IBBI
- 12 Oct 2023 NCLT order
- 12 Oct 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
- Tamil Nadu
- ROC
- ROC Chennai
- Industry
- Manufacturing (Metals and Chemicals, and products thereof)
- PIN
- 600058
- Incorporated
- 22 Oct 2010
- Authorised capital
- Rs 5.00 Cr
- Paid-up capital
- Rs 3.00 Crorder says Rs 2.50 Cr
- CIN
- U25192TN2010FTC077795
- Registered office
- Plot No.38,Door No.40, 2nd Main Road, Ambattur Industrial Estat,e,Chennai,Chennai,Tamil Nadu,600058-India
Shareholding as the order states it
| Member | Shares | % |
|---|---|---|
| AMMEGA GROUP BV The Netherlands | 2500000 |
The money, as the order printed it
Rs as stated in the document — not the crore figures above
Distributed to members
| AMMEGA GROUP BV The Netherlands | Rs 2.72 Cr |
|---|
Share capital and surplus
What the company held
cash and bank balance
Creditors and claims
As the order records them
Claims received and settled from liquidation account for EPF, ESI, taxes, liquidator fees and foreign remittance
Creditor approval
Company did not have any creditors
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.