Solvent wind-down · IBC Section 59

Ddms Simulations Software Consultants Private Limited

U72200KA1990PTC011058 · company
Dissolved under section 59(8)
Liquidation outcome · IBC s.59
Realisation of assets
₹0.07 Cr
Amount due to creditors
₹0.04 Cr
Amount paid to creditors
₹0.04 Cr
Liquidation expenses
₹0.03 Cr
Surplus to members
₹0.00 Cr
Time to dissolve
773 days
Commenced
30 Sep 2023
Dissolved
11 Nov 2025
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. Creditor dues were met with no surplus remaining after costs.
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
11 Jul 1990
Authorised capital
₹5.00 L
Paid-up capital
₹1.06 L
ROC
ROC Bangalore
Industry
Business Services
PIN
560041
Registered office
505/6,47THACROSS,5THBLOCKJAYANAGAR,BANGALORE,Bangalore,Karnataka,560041-India
Liquidator
ICSI Institute of Insolvency Professiona
IBBI/IPA-002/IP-N00016/2016-2017/10030
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