Solvent wind-down · IBC Section 59
Cisco Development India Private Limited
U72200KA2007PTC043451 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹18.98 Cr
Amount due to creditors
₹3.77 Cr
Amount paid to creditors
₹3.77 Cr
Liquidation expenses
₹0.15 Cr
Surplus to members
₹15.06 Cr
Time to dissolve
832 days
Commenced
24 Mar 2021
Dissolved
4 Jul 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, ₹15.06 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
23 Jul 2007
Authorised capital
₹5.00 L
Paid-up capital
₹1.00 L
ROC
ROC Bangalore
Industry
Business Services
PIN
560001
Registered office
2nd Floor, Brigade South Parade, No.10, Mahatma Gandhi Road,Bengaluru,Bangalore,Karnataka,560001-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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