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Voluntary liquidation · IBC s.59

Bktb Infosolutions Private Limited

CIN · U93000MH2010PTC199125 Company Maharashtra MCA · Dissolved under section 59(8)

The wind-down at a glance. Follow the recorded outcome, financials and people behind this company.

Process record Dissolution recorded

8 Jun 2024

View process timeline

What did the wind-down return?

Reported financials Rs crore, shown in lakh below Rs 1 crore

Assets realised
Rs 3.07 Cr
Value realised from assets
Paid to creditors
Rs 21.00 L
100.0% of reported dues
Surplus to members
Rs 2.08 Cr
Reported surplus amount

Where the money went

Share of realisation
Creditors · 6.8%Rs 21.00 L
Expenses · 25.4%Rs 78.00 L
Members · 67.8%Rs 2.08 Cr

Amount due to creditors: Rs 21.00 L. Reported payout equals 100.0% of dues.

All financial figures & reading notes
Amounts as recorded for this voluntary liquidation
Realisation of assetsRs 3.07 Cr
Amount due to creditorsRs 21.00 L
Amount paid to creditorsRs 21.00 L
Liquidation expensesRs 78.00 L
Surplus to membersRs 2.08 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 register
Time to dissolve1,815 days

1,197 days slower than the median of 618 days across 1,597 completed wind-downs

Cost of the wind-down25.4% of realisation

the median is 9.5%

Surplus returnedYes

72% of completed wind-downs returned a surplus to members

SizeRs 3.07 Cr

above the median realisation of Rs 66.00 L

Reading this record

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 2.08 Cr in surplus was returned to members.

The NCLT order

Read from the document itself

Bench
MUMBAI BENCH-IV
Case number
CP (IB) No.92/MB-IV/2023
Order date
18 Jun 2024

Dissolved from the date of this order

What the bench said

GST Department failed to file its claim for the demand at right time and had filed the claim for the outstanding demand on 14.06.2024, by which time the assets of the Corporate Debtor already stood liquidated and proceed thereof have been distributed to the stakeholders thus leaving no money/asset with the Corporate Debtor to discharge the fresh claims.

18 Jun 2024 · CP (IB) No.92/MB-IV/2023 · 7 pages Read the order

Why the company wound up

In the order's own words

not carrying any business and not earning any profits

What it was doing by the end
the Company is not carrying any business and not earning any profits

The wind-down, stage by stage

8 dated stages

1,815 days to dissolve
  1. 20 May 2019 Board resolution to wind up
  2. 23 May 2019 Declaration of solvency
  3. 20 Jun 2019 Liquidation commenced
  4. 25 Jun 2019 Public announcement
  5. 3 Jun 2021 Final report
  6. 3 Aug 2023 Preliminary report
  7. 8 Jun 2024 Dissolved
  8. 18 Jun 2024 NCLT order

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
410206
Incorporated
20 Jan 2010
Authorised capital
Rs 12.00 L
Paid-up capital
Rs 10.98 L
CIN
U93000MH2010PTC199125
Registered office
Flat no. 501, 5th Floor, B Wing Suyash Park, Plot No. 123 to 125B, Sector-23, Ulwa,,Navi Mumbai,Mumbai City,Maharashtra,410206-India

Directors named in the order

Kyoung Sik Kennethe Choe · Yadnayesh Bajarang Waghmare · Philip Wayne Roberts Jr

Company registry · MCA data as on 12 Jun 2026. Capital figures are shown separately from the wind-down financials.

The money, as the order printed it

Rs as stated in the document — not the crore figures above

What the company held

trade receivables

These are the figures the NCLT order prints, in rupees. The crore figures higher up the page come from IBBI's outcome file. They are different measurements from different sources and are shown separately on purpose — the Cr/Lakh switch does not touch them.

Creditors and claims

As the order records them

The Liquidator did not receive any claims from the operational creditors, financial creditors, workmen, employees and other stakeholders

Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error

Keep exploring.

See other companies in the voluntary liquidation register.

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