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RESEARCH From the Research Desk — The sub-Rs 100 crore acquisition market, sized. Read it →
Voluntary liquidation · IBC s.59

Dimexon Realty Private Limited

CIN · U70102MH2008PTC189137 Company Maharashtra 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

1 May 2024

View process timeline

What did the wind-down return?

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

Assets realised
Rs 12.00 L
Value realised from assets
Paid to creditors
Rs 0
No creditor dues reported
Surplus to members
Rs 9.00 L
Reported surplus amount

Where the money went

Share of realisation
Creditors · 0.0%Rs 0
Expenses · 25.0%Rs 3.00 L
Members · 75.0%Rs 9.00 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 12.00 L
Amount due to creditorsRs 0
Amount paid to creditorsRs 0
Liquidation expensesRs 3.00 L
Surplus to membersRs 9.00 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 dissolve1,565 days

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

Cost of the wind-down25.0% of realisation

the median is 9.5%

Surplus returnedYes

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

SizeRs 12.00 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 9.00 L in surplus was returned to members.

The NCLT order

Read from the document itself

Bench
Mumbai Bench, Court - II
Case number
CP (IB)/497/MB/2023
Order date
1 May 2024

Company Petition allowed and the Corporate Person stands dissolved from the date of this Order.

What the bench said

The affairs of the Company have been completely wound up and the assets of the Company have been completely liquidated and necessary compliances as per provisions of the Code have been made.

Statutory observations

No response was received nor any request for extension was made by the Income Tax Department or the Profession Tax Department.

1 May 2024 · CP (IB)/497/MB/2023 · 7 pages Read the order

Why the company wound up

In the order's own words

lack of business prospects and it was not financially viable to carry on business activities and maintain the status of Corporate Person as a going concern

What it was set up to do
to carry on the business in India or in any part of the world as principals, agents, contractors, trustees or otherwise, either alone or in conjunction with others, either by or through agents, subcontractors or otherwise, either by itself, under a strategic alliance and/ or joint venture and/ or any other arrangement to purchase, sell, develop or on lease, hire or otherwise acquire, whether for sale or working the same any real . or personal estate including lands, building, factories, mills, houses, cottages, shops, depots, warehouses, plant and to carry on business as proprietors of flats and buildings.
What it was doing by the end
The Corporate Person did not carry out any business since few years due to lack of business prospects

The wind-down, stage by stage

11 dated stages

1,565 days to dissolve
  1. 10 Jan 2020 Board resolution to wind up
  2. 10 Jan 2020 Declaration of solvency
  3. 18 Jan 2020 Liquidation commenced
  4. 22 Jan 2020 Public announcement
  5. 16 Feb 2020 Last date for creditors to claim
  6. 2 Mar 2020 Preliminary report
  7. 23 Dec 2022 Final report
  8. 23 Dec 2022 Final report filed with the ROC
  9. 23 Dec 2022 Final report filed with IBBI
  10. 1 May 2024 NCLT order
  11. 1 May 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
Real Estate and Renting
PIN
400021
Incorporated
24 Dec 2008
Authorised capital
Rs 1.00 Cr
Paid-up capital
Rs 1.00 Cr
CIN
U70102MH2008PTC189137
Registered office
803/804, RAHEJA CHAMBERS NARIMAN POINT,MUMBAI,Mumbai City,Maharashtra,400021-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

What the company held

There were no fixed assets (except bank balance) in the Company.

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.

Creditors and claims

As the order records them

No claims received as there were no debts to be discharged.

Creditor approval

No creditors were present or had claims as the company had no debt.

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

Keep exploring.

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