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Voluntary liquidation · IBC s.59

Decodem Technologies Private Limited

CIN · U72900KA2019PTC128245 company Karnataka MCA · Dissolved under section 59(8)

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

Process record Dissolution recorded

29 Aug 2025

View process timeline

What did the wind-down return?

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

Assets realised
Rs 49.00 L
Value realised from assets
Paid to creditors
Rs 0
No creditor dues reported
Surplus to members
Rs 45.00 L
Reported surplus amount

Where the money went

Share of realisation
Creditors · 0.0%Rs 0
Expenses · 8.2%Rs 4.00 L
Members · 91.8%Rs 45.00 L

Amount due to creditors: Rs 0. No payout percentage is calculated against zero or negative dues.

All financial figures & reading notes
Amounts as recorded for this voluntary liquidation
Realisation of assetsRs 49.00 L
Amount due to creditorsRs 0
Amount paid to creditorsRs 0
Liquidation expensesRs 4.00 L
Surplus to membersRs 45.00 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 dissolve679 days

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

Cost of the wind-down8.2% of realisation

the median is 9.5%

Surplus returnedYes

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

SizeRs 49.00 L

below 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 45.00 L in surplus was returned to members.

The NCLT order

Read from the document itself

Bench
Bengaluru Bench
Case number
C.P.(IB) No.17/BB/2025
Order date
29 Aug 2025

M/s. Decodem Technologies Private Limited is hereby dissolved and C.P.(IB) No.17/BB/2025 is allowed.

What the bench said

Affairs of the Applicant have been completely wound up and its assets have been completely liquidated.

Statutory observations

RoC Karnataka filed Status Report stating no enquiry/inspection/complaint/legal action pending. IT Department filed report stating no outstanding TDS demand or pending proceedings.

29 Aug 2025 · C.P.(IB) No.17/BB/2025 · 5 pages Read the order

The wind-down, stage by stage

13 dated stages

679 days to dissolve
  1. 18 Oct 2023 Board resolution to wind up
  2. 20 Oct 2023 Liquidation commenced
  3. 25 Oct 2023 Public announcement
  4. 19 Nov 2023 Last date for creditors to claim
  5. 2 Dec 2023 Preliminary report
  6. 27 Dec 2023 Final report
  7. 8 Jan 2024 Final report filed with the ROC
  8. 8 Jan 2024 Final report filed with IBBI
  9. 27 Feb 2024 Declaration of solvency
  10. 8 May 2024 Dissolution application filed
  11. 25 Jul 2025 Last hearing
  12. 29 Aug 2025 NCLT order
  13. 29 Aug 2025 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
Karnataka
ROC
ROC Bangalore
Industry
Business Services
PIN
560069
Incorporated
25 Sep 2019order says 5 Sep 2019
Authorised capital
Rs 1.45 L
Paid-up capital
Rs 1.23 L
CIN
U72900KA2019PTC128245
Registered office
No.402,Building No.9,Shanthi Park Apts 9th Block,Jayanagar,BANGALORE,Bangalore,Karnataka,560069-India
Company registry · MCA data as on 12 Jun 2026. Capital figures are shown separately from the wind-down financials.

The money, as the order printed it

Rs as stated in the document — not the crore figures above

Total receipts
Rs 49.31 L
Total payments
Rs 49.31 L
Liquidator fee
Rs 2.70 L

Receipts

Balance at BankRs 49.31 L

Payments

Liquidation fee paidRs 2.70 L
GST Paid on liquidation feeRs 54,000
TDS Paid on liquidation feeRs 30,000
Advertisement fee (Incl GST)Rs 7,875
NCLT & ROC ExpensesRs 10,000
Audit fee Paid (Incl. GST)Rs 32,400
Audit fee paid for Liquidators Final StatementRs 15,000
TDS Paid on Audit feeRs 3,000
Arali Investment TrustRs 45.09 L

Distributed to members

Arali Investment TrustRs 45.09 L
These are the figures the NCLT order prints, in rupees. The crore figures higher up the page come from IBBI's outcome file. They are different measurements from different sources and are shown separately on purpose — the Cr/Lakh switch does not touch them.

Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error

Keep exploring.

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