Solvent wind-down · IBC Section 59
Avolin Software India Private Limited
U72900KA2018PTC116159 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹3.90 Cr
Amount due to creditors
₹0.00 Cr
Amount paid to creditors
₹0.00 Cr
Liquidation expenses
₹0.06 Cr
Surplus to members
₹3.84 Cr
Time to dissolve
917 days
Commenced
25 Jan 2022
Dissolved
30 Jul 2024
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, ₹3.84 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved under section 59(8)
Company class
Private
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
7 Sep 2018
Authorised capital
₹9.55 Cr
Paid-up capital
₹9.53 Cr
ROC
ROC Bangalore
Industry
Business Services
PIN
560004
Registered office
First Floor, Unit FF-4, Sampurna Chambers, Site No 13, Vasavi Temple Street, Vishweshwarapu,ram,Bangalore,Bangalore,Karnataka,560004-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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