Solvent wind-down · IBC Section 59
D Chandrakant and Brothers Pvt Ltd
U15142GJ1987PTC009815 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹0.56 Cr
Amount due to creditors
—
Amount paid to creditors
—
Liquidation expenses
₹0.10 Cr
Surplus to members
₹0.46 Cr
Time to dissolve
667 days
Commenced
19 Feb 2019
Dissolved
17 Dec 2020
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, ₹0.46 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved (Liquidated)
Company class
Private
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
10 Jul 1987
Authorised capital
₹50.00 L
Paid-up capital
₹5.00 L
ROC
ROC Ahmedabad
Industry
Manufacturing (Food stuffs)
PIN
380009
Registered office
4TH FLOOR CHINUBHAI CENTREASHRAM ROAD,AHMEDABAD,Gujarat,380009-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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