Solvent wind-down · IBC Section 59
Andrew Industries (India) Private Limited
U29268TN2009FTC072995 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹3.69 Cr
Amount due to creditors
—
Amount paid to creditors
—
Liquidation expenses
₹0.04 Cr
Surplus to members
₹3.65 Cr
Time to dissolve
431 days
Commenced
25 Feb 2021
Dissolved
2 May 2022
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, ₹3.65 Cr in surplus was returned to members.
Company · MCA master
MCA status
Under Liquidation
Company class
Private
Category
Company limited by shares
Sub-category
subsidiary of company incorporated outside India
Listing
Unlisted
Incorporated
23 Sep 2009
Authorised capital
₹35.20 Cr
Paid-up capital
₹3.52 Cr
ROC
ROC Chennai
Industry
Manufacturing (Machinery and Equipments)
PIN
600118
Registered office
No. 5/9, 1st Main Road, Thiruvallur Nagar 8th Street,,Kodungaiyur,Chennai,Tamil Nadu,600118-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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