BF Precision 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 1.08 Cr |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 7.00 L |
| Surplus to members | Rs 1.01 Cr |
"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 register178 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 1.01 Cr in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- DIVISION BENCH – II, CHENNAI
- Case number
- CP(IB)/206/(CHE)/2024
- Order date
- 5 Jun 2025
Dissolution ordered
What the bench said
affairs of the Company have been completely wound up and the assets of the Applicant Company have been completely liquidated
Why the company wound up
In the order's own words
lease of factory premises expired and no future business prospects
- What it was set up to do
- engaged in the business of producing coal forging automobile components for Indian two-wheeler manufactures
The wind-down, stage by stage
6 dated stages
- 19 Mar 2024 Board resolution to wind up
- 22 Mar 2024 Liquidation commenced
- 23 Mar 2024 Public announcement
- 29 Apr 2024 Preliminary report
- 5 Jun 2025 NCLT order
- 5 Jun 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
- Tamil Nadu
- ROC
- ROC Coimbatore
- Industry
- Manufacturing (Machinery and Equipments)
- PIN
- 641021
- Incorporated
- 18 Jan 2016
- Authorised capital
- Rs 10.00 L
- Paid-up capital
- Rs 1.00 L
- CIN
- U29253TZ2016PTC022193
- Registered office
- SF 275/1 B, MALUMACHAMPATTI P. O.,GANESH NAGAR, POLLACHI ROAD,Coimbatore South,Coimbatore,Tamil Nadu,641021-India
Directors named in the order
Kiyath Jayaprakash · Manoj Mullassery Menon
The money, as the order printed it
Rs as stated in the document — not the crore figures above
What the company held
balance in Bank Account and a refund receivable from income tax
Creditors and claims
As the order records them
Liquidator has not received any claims during the process of Liquidation except from one of the shareholder CIE Automotive India Limited
Litigation and delays
The frictions the order records
Litigation
no PUFE application pending
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.