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Voluntary liquidation · IBC s.59

Ceean Commerce Pvt.Ltd.

CIN · U51491WB1992PTC057217 Company West Bengal 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

21 Aug 2024

View process timeline

What did the wind-down return?

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

Assets realised
Rs 28.00 L
Value realised from assets
Paid to creditors
Rs 27.00 L
100.0% of reported dues
Surplus to members
Rs 0
A zero surplus is recorded

Where the money went

Share of realisation
Creditors · 96.4%Rs 27.00 L
Expenses · 3.6%Rs 1.00 L
Members · 0.0%Rs 0

Amount due to creditors: Rs 27.00 L. Reported payout equals 100.0% of dues.

All financial figures & reading notes
Amounts as recorded for this voluntary liquidation
Realisation of assetsRs 28.00 L
Amount due to creditorsRs 27.00 L
Amount paid to creditorsRs 27.00 L
Liquidation expensesRs 1.00 L
Surplus to membersRs 0

"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 dissolve457 days

161 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 returnedNo

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

SizeRs 28.00 L

below 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. Creditor dues were met with no surplus remaining after costs.

The NCLT order

Read from the document itself

Bench
Kolkata Bench-1
Case number
CP (IB) No. 189 KB/ 2023
Order date
21 Aug 2024

Dissolved effective order date

What the bench said

Affairs of the Corporate Person have been completely wound up, and its assets have been completely liquidated.

21 Aug 2024 · CP (IB) No. 189 KB/ 2023 · 5 pages Read the order

Why the company wound up

In the order's own words

What it was set up to do
selling scrap etc

The wind-down, stage by stage

8 dated stages

457 days to dissolve
  1. 1 May 2023 Board resolution to wind up
  2. 1 May 2023 Declaration of solvency
  3. 22 May 2023 Liquidation commenced
  4. 24 May 2023 Public announcement
  5. 21 Aug 2023 Final report filed with the ROC
  6. 21 Aug 2023 Final report filed with IBBI
  7. 21 Aug 2024 NCLT order
  8. 21 Aug 2024 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
West Bengal
ROC
ROC Kolkata
Industry
Trading
PIN
700007
Incorporated
18 Dec 1992
Authorised capital
Rs 25.00 L
Paid-up capital
Rs 24.27 L
CIN
U51491WB1992PTC057217
Registered office
P-17, 3rd Floor, Kalakar Street,Kolkata,Kolkata,West Bengal,700007-India

Directors named in the order

Mahendra Kumar Patni · Anjani Kumar Shahi

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

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