Solvent wind-down · IBC Section 59
Direct Educational Technologies India Private Limited
U80902KA2002PTC038181 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹6.68 Cr
Amount due to creditors
₹0.00 Cr
Amount paid to creditors
₹0.00 Cr
Liquidation expenses
₹0.82 Cr
Surplus to members
₹5.86 Cr
Time to dissolve
310 days
Commenced
15 Jun 2020
Dissolved
21 Apr 2021
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, ₹5.86 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
24 Jan 2002
Authorised capital
₹30.00 L
Paid-up capital
₹25.79 L
ROC
ROC Bangalore
Industry
Community, personal and Social Services
PIN
560080
Registered office
# 496/4 , 2nd Floor, 10th Cross Near Bhashyam Circle, Sadashivnagar,Bangalore,Bangalore,Karnataka,560080-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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