Bluecrest Technology 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 76.00 L |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 14.00 L |
| Surplus to members | Rs 62.00 L |
"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 register307 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 62.00 L in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- MUMBAI BENCH-IV
- Case number
- CP (IB) No.972/MB-IV/2022
- Order date
- 5 Jan 2023
Dissolved from the date of this order
What the bench said
the affairs of the company have been completely wound up, and its assets have been completely liquidated
Why the company wound up
In the order's own words
unviable business conditions and in view of the fact that all employees of the company had resigned and contracts with customers had not been renewed
- What it was doing by the end
- acquisition of certain business from Pitney Bowes India Private Limited and Pitney Bowes Software India Private Limited
The wind-down, stage by stage
10 dated stages
- 22 Feb 2022 Board resolution to wind up
- 22 Feb 2022 Declaration of solvency
- 28 Feb 2022 Liquidation commenced
- 3 Mar 2022 Public announcement
- 14 Apr 2022 Preliminary report
- 26 Aug 2022 Final report
- 26 Aug 2022 Final report filed with the ROC
- 26 Aug 2022 Final report filed with IBBI
- 5 Jan 2023 NCLT order
- 5 Jan 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
- subsidiary of company incorporated outside India
- Listing
- Unlisted
- State
- Maharashtra
- ROC
- ROC Mumbai
- Industry
- Business Services
- PIN
- 400067
- Incorporated
- 11 Sep 2018
- Authorised capital
- Rs 1.53 Cr
- Paid-up capital
- Rs 1.52 Cr
- CIN
- U74999MH2018FTC313862
- Registered office
- NPV House, D Wing, Chanakya CHS Limited Link Road Kandivali (W),Mumbai,Mumbai City,Maharashtra,400067-India
Directors named in the order
Arvind Goyal · Krishnamurthy Karthik Kumar · Dennis Paul Le Strange
Creditors and claims
As the order records them
received two claims from the Equity Shareholder of the Company amounting to Rs.152,40,000/-. Both the claims have been admitted by the Liquidator after due verification.
Creditor approval
the company did not have outside liabilities to be discharged and the undersigned also had not received any claims; therefore, the question related to discharge of debt to satisfaction for creditors does not arise
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.