Aucnet Sanrad 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 0. No payout percentage is calculated against zero or negative dues.
All financial figures & reading notes
| Realisation of assets | Rs 90.00 L |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 61.00 L |
| Surplus to members | Rs 29.00 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 register711 days slower 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 29.00 L in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- MUMBAI, BENCH - V
- Case number
- C.P.(IB) 942 MB/2023
- Order date
- 12 Aug 2024
Dissolved with effect from the date of pronouncement of this order
What the bench said
The affairs of the Corporate Person have been completely wound up and its assets shall be liquidated.
Why the company wound up
In the order's own words
Corporate Person was not carrying on any business and had limited financial resources
- What it was set up to do
- conducting and providing diagnostic services for investigation of medical disorders and giving out on hire, medical equipment and diagnostic systems on a pay per use basis
- What it was doing by the end
- The Corporate Person was not carrying on any business and had limited financial resources.
The wind-down, stage by stage
10 dated stages
- 22 Dec 2020 Board resolution to wind up
- 22 Dec 2020 Liquidation commenced
- 24 Dec 2020 Public announcement
- 5 Feb 2021 Preliminary report
- 20 Feb 2021 Last date for creditors to claim
- 9 Mar 2023 Final report
- 9 Mar 2023 Final report filed with the ROC
- 9 Mar 2023 Final report filed with IBBI
- 12 Aug 2024 NCLT order
- 12 Aug 2024 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
- Non-government company
- Listing
- Unlisted
- State
- Maharashtra
- ROC
- ROC Mumbai
- Industry
- Manufacturing (Machinery and Equipments)
- PIN
- 400069
- Incorporated
- 25 Aug 2015
- Authorised capital
- Rs 3.70 Cr
- Paid-up capital
- Rs 3.45 Cr
- CIN
- U33111MH2015PTC267759
- Registered office
- Mascots Cowork, Times Square Building 7th and 8th Floor Western Express Hwy An,dheri East,Mumbai,Mumbai City,Maharashtra,400069-India
Directors named in the order
Masahiro Fujisaki · Masayoshi Yamamoto · Ratishchandran Nair
Creditors and claims
As the order records them
No claims received from operational creditors, financial creditors, employees, workmen, or other creditors
Creditor approval
Ultimate Parent Company and Creditor Aucnet Inc. gave consent to the resolution passed by the shareholders regarding voluntary liquidation
Litigation and delays
The frictions the order records
Litigation
No pending litigations and/or investigations are pending against the Corporate Person
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.