Solvent wind-down · IBC Section 59

Bangalore Airport Rail Link Limited

U63031KA2008SGC045831 · Company
Dissolved under section 59(8)
Liquidation outcome · IBC s.59
Realisation of assets
₹1.26 Cr
Amount due to creditors
₹0.00 Cr
Amount paid to creditors
₹0.00 Cr
Liquidation expenses
₹0.09 Cr
Surplus to members
₹1.18 Cr
Time to dissolve
647 days
Commenced
30 Jan 2023
Dissolved
7 Nov 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, ₹1.18 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved under section 59(8)
Company class
Public
Category
Company limited by shares
Sub-category
State government company
Listing
Unlisted
Incorporated
31 Mar 2008
Authorised capital
₹5.00 Cr
Paid-up capital
₹5.00 Cr
ROC
ROC Bangalore
Industry
Transport, storage and Communications
PIN
560026
Registered office
BMRCL SITE OFFICE, 4TH FLOOR BESIDE DEEPANJALI NAGAR METRO STATION, M,YSORE ROAD,BANGALORE,Bangalore,Karnataka,560026-India
Liquidator
ICAI IIIPI
IBBI/IPA-001/IP-P01630/2019-2020/12718
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