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Voluntary liquidation · IBC s.59

Caritor Tech Park India Private Limited

CIN · U72200TN2007PTC064196 Company Tamil Nadu 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

13 Feb 2023

View process timeline

What did the wind-down return?

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

Assets realised
Rs 1.50 Cr
Value realised from assets
Paid to creditors
Rs 0
No creditor dues reported
Surplus to members
Rs 1.49 Cr
Reported surplus amount

Where the money went

Share of realisation
Creditors · 0.0%Rs 0
Expenses · 0.7%Rs 1.00 L
Members · 99.3%Rs 1.49 Cr

Amount due to creditors: Rs 0. No payout percentage is calculated against zero or negative dues.

All financial figures & reading notes
Amounts as recorded for this voluntary liquidation
Realisation of assetsRs 1.50 Cr
Amount due to creditorsRs 0
Amount paid to creditorsRs 0
Liquidation expensesRs 1.00 L
Surplus to membersRs 1.49 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 dissolve144 days

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

Cost of the wind-down0.7% of realisation

the median is 9.5%

Surplus returnedYes

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

SizeRs 1.50 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 1.49 Cr in surplus was returned to members.

The NCLT order

Read from the document itself

Bench
DIVISION BENCH - I, CHENNAI
Case number
CP(IB)273/CHE/2022
Order date
13 Feb 2023

Dissolved from the date of this order

What the bench said

affairs of the Company have been completely wound up and the assets of the Applicant Company have been completely liquidated

13 Feb 2023 · CP(IB)273/CHE/2022 · 7 pages Read the order

Why the company wound up

In the order's own words

What it was set up to do
promote, develop, establish and setup Information Technology Park and/or Special Economic Zone for establishing software development, training and research centre and to engage, provide, maintain, conduct and carry on the business of software development, research and training in software and information technology sector
What it was doing by the end
did not commence its business operations since incorporation

The wind-down, stage by stage

8 dated stages

144 days to dissolve
  1. 15 Sep 2022 Board resolution to wind up
  2. 22 Sep 2022 Liquidation commenced
  3. 23 Sep 2022 Public announcement
  4. 1 Dec 2022 Final report
  5. 9 Dec 2022 Final report filed with the ROC
  6. 9 Dec 2022 Final report filed with IBBI
  7. 13 Feb 2023 NCLT order
  8. 13 Feb 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
Tamil Nadu
ROC
ROC Chennai
Industry
Business Services
PIN
600017
Incorporated
6 Jul 2007
Authorised capital
Rs 1.00 Cr
Paid-up capital
Rs 1.00 Cr
CIN
U72200TN2007PTC064196
Registered office
Mena Kampala Arcade,7A, 7th Floor A Block New No 18&20,old No113,Sir Thyagaraya Road,T Na,gar,Chennai,Chennai,Tamil Nadu,600017-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

not received any claims during the process of liquidation

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

Keep exploring.

See other companies in the voluntary liquidation register.

All voluntary liquidations