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Solvent wind-down · IBC Section 59

Builddirect Technologies India Private Limited

U72900KA2015PTC078755 · Company
Dissolved under section 59(8)
Liquidation outcome · IBC s.59
Realisation of assets
₹2.09 Cr
Amount due to creditors
₹0.00 Cr
Amount paid to creditors
₹0.00 Cr
Liquidation expenses
₹0.49 Cr
Surplus to members
₹1.60 Cr
Time to dissolve
1,116 days
Commenced
3 Aug 2020
Dissolved
24 Aug 2023
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
Non-government company
Listing
Unlisted
Incorporated
6 Feb 2015
Authorised capital
₹6.00 L
Paid-up capital
₹1.00 L
ROC
ROC Bangalore
Industry
Business Services
PIN
560103
Registered office
Smartworks Coworking Spaces Pvt Ltd, Block C, Global Technology Park, Marathahalli Out,er Ring Rd,Bengaluru,Bangalore,Karnataka,560103-India
Liquidator
The Indian Institute of Insolvency Profe
IBBI/IPA-001/IP-P00924/2017-2018/11531
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