Cytec India Specialty Chemicals & Materials Private Limited
The wind-down at a glance. Follow the recorded outcome, financials and people behind this company.
What did the wind-down return?
Reported financials Rs crore, shown in lakh below Rs 1 crore
Where the money went
Share of realisationAmount due to creditors: Rs 0. No payout percentage is calculated against zero or negative dues.
All financial figures & reading notes
| Realisation of assets | Rs 3.16 Cr |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 45.00 L |
| Surplus to members | Rs 2.71 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 register89 days faster than the median of 618 days across 1,597 completed wind-downs
the median is 9.5%
72% of completed wind-downs returned a surplus to members
above the median realisation of Rs 66.00 L
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 2.71 Cr in surplus was returned to members.
The wind-down, stage by stage
2 dated stages
- 24 Feb 2023 Liquidation commenced
- 6 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
- Maharashtra
- ROC
- ROC Mumbai
- Industry
- Manufacturing (Metals and Chemicals, and products thereof)
- PIN
- 400070
- Incorporated
- 9 Jan 2012
- Authorised capital
- Rs 322.96 Cr
- Paid-up capital
- Rs 322.96 Cr
- CIN
- U24233MH2012PTC225865
- Registered office
- Equinox Business Park, Tower-4, 9th Floor Unit No. 903, LBS Marg, Kurla West,Mumbai,Mumbai City,Maharashtra,400070-India
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.