Dimensions Trade and Commerce Ltd
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 27.00 L |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 2.00 L |
| Surplus to members | Rs 25.00 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 register126 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
below 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 25.00 L in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- MUMBAI BENCH: C-IV
- Case number
- CP(IB)-53/MB/2023
- Order date
- 2 Aug 2023
Company shall be dissolved from the date of this order
What the bench said
the affairs of the company have been completely wound up, and its assets have been completely liquidated
Why the company wound up
In the order's own words
due to non-availability of business prospect and long term financial resources it was not financial viable to carry on the business activities
- What it was set up to do
- trading of goods and commodities of various kinds, representative real estate, commission agents, indenting agents, distributors and procurers in commodities
- What it was doing by the end
- Not carrying any business from the preceding two years and not earning any profits
The wind-down, stage by stage
8 dated stages
- 28 Feb 2022 Declaration of solvency
- 28 Mar 2022 Board resolution to wind up
- 28 Mar 2022 Liquidation commenced
- 30 Mar 2022 Public announcement
- 12 May 2022 Preliminary report
- 12 Dec 2022 Final report
- 2 Aug 2023 NCLT order
- 2 Aug 2023 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
- Public
- Category
- Company limited by shares
- Sub-category
- Non-government company
- Listing
- Unlisted
- State
- Maharashtra
- ROC
- ROC Mumbai
- Industry
- Trading
- PIN
- 400078
- Incorporated
- 31 Jan 2007
- Authorised capital
- Rs 25.00 L
- Paid-up capital
- Rs 17.50 L
- CIN
- U52599MH2007PLC167441
- Registered office
- G-94, DREAMS THE MALL, L.B.S. MARG, BHANDUP (WEST),MUMBAI,Mumbai City,Maharashtra,400078-India
Directors named in the order
VERONICA PAUL · Leslie Hyacinth Frank · Clotilda D'souza · Augustine Peter Mendez
The money, as the order printed it
Rs as stated in the document — not the crore figures above
What the company held
cash deposit and fixed deposit
Litigation and delays
The frictions the order records
Litigation
no litigation is pending against the corporate person
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.