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Voluntary liquidation · IBC s.59

Blossom Infrastructure Private Limited

CIN · U45201DL2005PTC134717 Company Delhi 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

3 Apr 2024

View process timeline

What did the wind-down return?

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

Assets realised
Rs 1.11 Cr
Value realised from assets
Paid to creditors
Rs 1.00 L
100.0% of reported dues
Surplus to members
Rs 1.07 Cr
Reported surplus amount

Where the money went

Share of realisation
Creditors · 0.9%Rs 1.00 L
Expenses · 3.6%Rs 4.00 L
Members · 96.4%Rs 1.07 Cr

Amount due to creditors: Rs 1.00 L. Reported payout equals 100.0% of dues.

All financial figures & reading notes
Amounts as recorded for this voluntary liquidation
Realisation of assetsRs 1.11 Cr
Amount due to creditorsRs 1.00 L
Amount paid to creditorsRs 1.00 L
Liquidation expensesRs 4.00 L
Surplus to membersRs 1.07 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 dissolve583 days

35 days faster than the median of 618 days across 1,597 completed wind-downs

Cost of the wind-down3.6% of realisation

the median is 9.5%

Surplus returnedYes

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

SizeRs 1.11 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 1.07 Cr in surplus was returned to members.

The NCLT order

Read from the document itself

Bench
NEW DELHI BENCH-VI
Case number
CP (IB)-450/ND/2023
Order date
19 Apr 2024

Rectifies the typographical error in the order dated 03.04.2024 as to the date of pronouncement

What the bench said

Owing to a typographical error, the date of pronouncement has been mentioned as 03.04.2023. However, the said date is incorrect. The correct date is 03.04.2024.

19 Apr 2024 · CP (IB)-450/ND/2023 · 1 pages Read the order
3 Apr 2023 · CP (IB)-450/ND/2023 · 11 pages Read the order

Why the company wound up

In the order's own words

What it was set up to do
to carry on the business activities to acquire, purchase, on auction, construct, build, take on lease, exchange, equip work, develop, prepare, maintain, sell, lay out, transfer, alienate, assign, dispose of, deal of all kinds real estate projects.
What it was doing by the end
The Company has ceased its operations.

The wind-down, stage by stage

9 dated stages

583 days to dissolve
  1. 26 Aug 2022 Board resolution to wind up
  2. 29 Aug 2022 Liquidation commenced
  3. 29 Aug 2022 Public announcement
  4. 28 Sep 2022 Last date for creditors to claim
  5. 10 Oct 2022 Preliminary report
  6. 30 Jun 2023 Final report
  7. 4 Jul 2023 Final report filed with the ROC
  8. 3 Apr 2024 Dissolved
  9. 19 Apr 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
Delhi
ROC
ROC Delhi
Industry
Construction
PIN
110065
Incorporated
5 Apr 2005
Authorised capital
Rs 65.00 L
Paid-up capital
Rs 28.60 L
CIN
U45201DL2005PTC134717
Registered office
43 COMMUNITY CENTRENEW FRIENDS COLONY,NEW DELHI,Delhi,110065-India
Company registry · MCA data as on 12 Jun 2026. Capital figures are shown separately from the wind-down financials.

Creditors and claims

As the order records them

No claims were received by the liquidator against the public notice/s and the letters issued.

Creditor approval

No claims were received by the liquidator against the public notice/s and the letters issued, pertaining to the commencement of the liquidation process. The lack of claims can be attributed to the fact that there are no Financial Creditors for the Corporate Debtor.

Litigation and delays

The frictions the order records

Litigation

The Company avers that it has not previously filed any application, writ petition or suit regarding the matter in respect of which this petition has been made, before any Court of Law or any other authority

Why it took as long as it did

The GNL-2 was filed on 04-07-2023 as there were certain technical issues towards the filing of the same.

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

Keep exploring.

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