Aqui Software Lab 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 0. No payout percentage is calculated against zero or negative dues.
All financial figures & reading notes
| Realisation of assets | Rs 4.00 L |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 4.00 L |
| Surplus to members | Rs 0 |
"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 register280 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
below 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.
The NCLT order
Read from the document itself
- Bench
- KOCHI BENCH
- Case number
- CP(IBC)/39/KOB/2024
- Order date
- 31 Jan 2025
Dissolved effective order date
What the bench said
Affairs of the Corporate Person have been completely wound up and its assets were liquidated following the relevant provisions in the IBBI (Voluntary Liquidation Process), 2017.
Statutory observations
ROC filed a report stating authorized and paid-up share capital, statutory returns filed up to 31.03.2023, status under liquidation, and no charges, complaints, or prosecutions pending.
Why the company wound up
In the order's own words
- What it was set up to do
- To provide all kinds of information technology-related services including, but not limited to software development, web development, IoT, internet-related activities, artificial intelligence, graphic designing, software gaming, software testing, tech-enabled buildings and civil structure designing, drawings and planning, implementation, customization, processing, hardware and IT infrastructure related activities, trading, advisory, etc and all other related activities for all clients and customers whether in India or abroad.
- What it was doing by the end
- The promoters of the Corporate Person observed that even after two years of operation, it is not viable to operate the Corporate Person from India without incurring huge losses.
The wind-down, stage by stage
9 dated stages
- 28 Feb 2024 Liquidation commenced
- 1 Mar 2024 Public announcement
- 29 Mar 2024 Last date for creditors to claim
- 12 Apr 2024 Preliminary report
- 24 Jul 2024 Final report
- 24 Jul 2024 Final report filed with IBBI
- 20 Aug 2024 Final report filed with the ROC
- 31 Jan 2025 NCLT order
- 31 Jan 2025 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
- Kerala
- ROC
- ROC Ernakulam
- Industry
- Business Services
- PIN
- 682021
- Incorporated
- 22 Apr 2022
- Authorised capital
- Rs 10.00 L
- Paid-up capital
- Rs 10.00 L
- CIN
- U72900KL2022FTC075150
- Registered office
- D-79, BIZCOSPACES 8th Floor, Infra Futura Building,Kakkanad,Ernakulam,Kerala,682021-India
Shareholding as the order states it
| Member | Shares | % |
|---|---|---|
| foreign company | 100 |
The money, as the order printed it
Rs as stated in the document — not the crore figures above
- Total receipts
- Rs 3.97 L
- Total payments
- Rs 3.97 L
- Liquidation cost
- Rs 3.97 L
Receipts
| fund transfer from the old account | Rs 3.67 L |
|---|---|
| amount received from Tax Refund 20 Jun 2024 | Rs 30,450 |
Payments
| Liquidation Expense | Rs 3.97 L |
|---|
What the company held
Cash balance in bank account and Income Tax Refund
Creditors and claims
As the order records them
The Liquidator has not received any claim from the creditors till the last date and till the date of final report.
Creditor approval
No creditors to the Corporate Person, and hence no resolution from creditors was required
Litigation and delays
The frictions the order records
Litigation
There is no litigation pending against the Corporate Person.
Why it took as long as it did
Liquidation was not completed within 90 days
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.