Solvent wind-down · IBC Section 59
China Steel Machinery Corporation India Private Limited
U29100GJ2013FTC076107 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹3.62 Cr
Amount due to creditors
—
Amount paid to creditors
—
Liquidation expenses
₹0.42 Cr
Surplus to members
₹3.20 Cr
Time to dissolve
390 days
Commenced
7 Apr 2018
Dissolved
2 May 2019
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, ₹3.20 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved (Liquidated)
Company class
Private
Category
Company limited by shares
Sub-category
subsidiary of company incorporated outside India
Listing
Unlisted
Incorporated
19 Jul 2013
Authorised capital
₹2.00 Cr
Paid-up capital
₹1.99 Cr
ROC
ROC Ahmedabad
Industry
Manufacturing (Machinery and Equipments)
PIN
390022
Registered office
Second Floor Room, B1/462 Siddharth Bungalows, Sama Savli Road,Vadodara,Vadodara,Gujarat,390022-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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