Bhavishya Alliance Child Nutrition Initiatives
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 13.00 L |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 13.00 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 register242 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
- Mumbai Bench, Court V
- Case number
- C.P.(IB)-968(MB)/2023
- Order date
- 18 Dec 2023
Dissolved from the date of this order
What the bench said
the affairs of the Corporate Person have been completely wound up and its assets are liquidated
Why the company wound up
In the order's own words
- What it was set up to do
- To promote, identify and strategize sets of proven, systemic, advance innovations and initiatives that are expected to bring down the current rate of child malnutrition in India
The wind-down, stage by stage
10 dated stages
- 29 Nov 2022 Board resolution to wind up
- 29 Nov 2022 Declaration of solvency
- 8 Dec 2022 Liquidation commenced
- 9 Dec 2022 Public announcement
- 17 Jan 2023 Preliminary report
- 29 Aug 2023 Final report
- 1 Sep 2023 Final report filed with the ROC
- 1 Sep 2023 Final report filed with IBBI
- 18 Dec 2023 NCLT order
- 19 Dec 2023 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
- Maharashtra
- ROC
- ROC Mumbai
- Industry
- Community, personal and Social Services
- PIN
- 400099
- Incorporated
- 3 Oct 2010
- Authorised capital
- Rs 1.00 L
- Paid-up capital
- Rs 1.00 L
- CIN
- U93090MH2010NPL208544
- Registered office
- Unilever House, B. D. Sawant Marg, Chakala, Andheri (East), Mumbai - 400099,Mumbai,Mumbai City,Maharashtra,400099-India
Directors named in the order
Devopam Narendra Bajpai · Ritesh Ramkrishna Tiwari
The money, as the order printed it
Rs as stated in the document — not the crore figures above
What the company held
On commencement of the Voluntary Liquidation Process, the Company did not have any assets.
Creditors and claims
As the order records them
The Liquidator has not received any claim/proof of claim from any of the stakeholders
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.