Basrur Uniseal 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 18.00 L |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 18.00 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 register100 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
- Bengaluru Bench
- Case number
- C.P. (IB) No.140/BB/2025
- Order date
- 31 Oct 2025
The Petition is allowed, and the Petitioner Company is dissolved
What the bench said
On examination of the submissions and documents filed with the Application, it is apparent that the affairs of the Applicant have been completely wound up, its assets have entirely been liquidated, and as such the Applicant Company deserves to be dissolved.
Statutory observations
The Income Tax Department reported an outstanding TDS demand of Rs.1,480/-, which was subsequently paid by the Liquidator.
The wind-down, stage by stage
13 dated stages
- 16 May 2024 Board resolution to wind up
- 16 May 2024 Declaration of solvency
- 31 May 2024 Liquidation commenced
- 3 Jun 2024 Public announcement
- 30 Jun 2024 Last date for creditors to claim
- 12 Jul 2024 Preliminary report
- 24 Jan 2025 Final report
- 29 Jan 2025 Final report filed with the ROC
- 29 Jan 2025 Final report filed with IBBI
- 17 Feb 2025 Dissolution application filed
- 23 Sep 2025 Last hearing
- 31 Oct 2025 NCLT order
- 31 Oct 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
- Non-government company
- Listing
- Unlisted
- State
- Karnataka
- ROC
- ROC Bangalore
- Industry
- Manufacturing (Metals and Chemicals, and products thereof)
- PIN
- 560003
- Incorporated
- 11 Jul 2001
- Authorised capital
- Rs 50.00 Cr
- Paid-up capital
- Rs 37.38 Cr
- CIN
- U25209KA2001PTC029264
- Registered office
- 2nd Floor, No.20 3rd Cross, Malleswaram,Bangalore,Bangalore,Karnataka,560003-India
The money, as the order printed it
Rs as stated in the document — not the crore figures above
- Total receipts
- Rs 18.39 L
- Total payments
- Rs 18.39 L
- Liquidator fee
- Rs 7.13 L
Receipts
| Opening Balance: Cash at Bank - in Current Accounts | Rs 15.39 L |
|---|---|
| Security Deposit received | Rs 3.00 L |
Payments
| Liquidator’s Fees under Section 53 (1) (a) of IBC, 2016 inclusive of GST | Rs 7.13 L |
|---|---|
| Public Announcement Charges Facility Rent | Rs 7,854 |
| Professional Fees to accounting activities | Rs 3.90 L |
| Professional Fees related to change of Registered office | Rs 1.71 L |
| Professional Fees for storage, transportation and preservation of records for 8 years | Rs 15,340 |
| Professional Fees for Certification of Receipt and Payment and form 1SCA/CB | Rs 1.86 L |
| Statutory Dues (TDS Payment) | Rs 54,000 |
| Miscellaneous Expenses related to Travelling, Lodging, Boarding, Photocopy Charges, Court Fees, Stamp Duty Charges, Courier Charges | Rs 1.36 L |
| Distribution under Section 36(4) of IBC, 2016 tor Provident Fund Employees Provident Hund | Rs 1.40 L |
| Distribution under Section 53 (1) (f of IBC, 2016 to Creditor Shilppy Chopra | Rs 2,002 |
Creditors and claims
As the order records them
Claims were received from the stakeholders and a list of stakeholders was prepared
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.