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Voluntary liquidation · IBC s.59

Chudgar Ranchhodlal Jethalal Trade Private Limited

CIN · U65910GJ1985PTC007688 Company Gujarat MCA · Dissolved (Liquidated)

The wind-down at a glance. Follow the recorded outcome, financials and people behind this company.

Process record Dissolution recorded

3 Feb 2021

View process timeline

What did the wind-down return?

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

Assets realised
Rs 70.00 L
Value realised from assets
Paid to creditors
Not reported
Creditor payout recorded
Surplus to members
Rs 62.00 L
Reported surplus amount

Where the money went

Reported amounts
Some financial figures are missing. A complete proceeds split is not available.
CreditorsNot reported
ExpensesRs 9.00 L
MembersRs 62.00 L

Creditor dues are not reported, so the payout cannot be assessed against them.

All financial figures & reading notes
Amounts as recorded for this voluntary liquidation
Realisation of assetsRs 70.00 L
Amount due to creditorsNot reported
Amount paid to creditorsNot reported
Liquidation expensesRs 9.00 L
Surplus to membersRs 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 register
Time to dissolve715 days

97 days slower than the median of 618 days across 1,597 completed wind-downs

Cost of the wind-down12.9% of realisation

the median is 9.5%

Surplus returnedYes

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

SizeRs 70.00 L

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 62.00 L in surplus was returned to members.

The wind-down, stage by stage

2 dated stages

715 days to dissolve
  1. 19 Feb 2019 Liquidation commenced
  2. 3 Feb 2021 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 (Liquidated)
Company class
Private
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
State
Gujarat
ROC
ROC Ahmedabad
Industry
Finance
PIN
380006
Incorporated
28 Feb 1985
Authorised capital
Rs 50.00 L
Paid-up capital
Rs 25.00 L
CIN
U65910GJ1985PTC007688
Registered office
4TH FLOOR CHINUBHAI CENTRE ASHRAM ROAD,AHMEDABAD,Gujarat,380006-India
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.

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All voluntary liquidations