Ascentis India Construction 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
Reported amountsCreditor dues are not reported, so the payout cannot be assessed against them.
All financial figures & reading notes
| Realisation of assets | Rs 71.00 L |
|---|---|
| Amount due to creditors | Not reported |
| Amount paid to creditors | Not reported |
| Liquidation expenses | Rs 13.00 L |
| Surplus to members | Rs 58.00 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 register235 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 58.00 L in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- NEW DELHI BENCH-VI
- Case number
- (IB)-1056/ND/2020
- Order date
- 1 Feb 2021
the said company is hereby dissolved with effect from the date of the present order.
What the bench said
In view of the foregoing and in view of the satisfaction accorded by the voluntary liquidator by way of the present application, the said company is hereby dissolved with effect from the date of the present order.
Statutory observations
The ROC has filed their reply stating that an Affidavit of Solvency was filed by the Director deposing that the Company was not being liquidated to defraud any person. Pursuant to the service of the notices to the ROC and IBBI, no objection has been raised by them.
Why the company wound up
In the order's own words
- What it was set up to do
- to carry on the business to provide multi-disciplinary consultancy services in construction such as architecture, civil and structural engineering, mechanical and electrical engineering, project management etc.
- What it was doing by the end
- no significant business operation in the company since 1st April, 2017
The wind-down, stage by stage
8 dated stages
- 8 Jan 2020 Board resolution to wind up
- 15 Jan 2020 Liquidation commenced
- 17 Jan 2020 Public announcement
- 28 Feb 2020 Preliminary report
- 26 Oct 2020 Final report
- 26 Oct 2020 Final report filed with IBBI
- 1 Feb 2021 NCLT order
- 1 Feb 2021 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 (Liquidated)
- Company class
- Private
- Category
- Company limited by shares
- Sub-category
- Non-government company
- Listing
- Unlisted
- State
- Delhi
- ROC
- ROC Delhi
- Industry
- Business Services
- PIN
- 110065
- Incorporated
- 6 Jun 2011
- Authorised capital
- Rs 5.00 L
- Paid-up capital
- Rs 1.00 L
- CIN
- U74140DL2011PTC220373
- Registered office
- FLAT NO. 401, 3rd FLOOR WHITE HOUSE 382, SANT NAGAR, EAST OF KAILASH,NEW DELHI,South Delhi,Delhi,110065-India
Creditors and claims
As the order records them
no claims were received from any creditor.
Creditor approval
no claims were received from any creditor.
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.