Solvent wind-down · IBC Section 59
BFT Automation Systems Private Limited
U51900TG2015FTC097199 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹1.78 Cr
Amount due to creditors
₹0.00 Cr
Amount paid to creditors
₹0.00 Cr
Liquidation expenses
₹0.18 Cr
Surplus to members
₹1.60 Cr
Time to dissolve
303 days
Commenced
24 May 2023
Dissolved
22 Mar 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, ₹1.60 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
subsidiary of company incorporated outside India
Listing
Unlisted
Incorporated
8 Jan 2015
Authorised capital
₹1.35 Cr
Paid-up capital
₹1.31 Cr
ROC
ROC Hyderabad
Industry
Trading
PIN
502325
Registered office
Plot no. 6, Shed no. 1, I.D.A Bollaram Near Miyapur, Jinnaram Mandal,Hyderabad,West Godavari,Telangana,502325-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
Request access →