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Voluntary liquidation · IBC s.59

Dmrk Consulting Private Limited

CIN · U72200KA2018FTC118797 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

25 Jul 2023

View process timeline

What did the wind-down return?

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

Assets realised
Rs 85.00 L
Value realised from assets
Paid to creditors
Rs 0
No creditor dues reported
Surplus to members
Rs 57.00 L
Reported surplus amount

Where the money went

Share of realisation
Creditors · 0.0%Rs 0
Expenses · 31.8%Rs 27.00 L
Members · 67.1%Rs 57.00 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 85.00 L
Amount due to creditorsRs 0
Amount paid to creditorsRs 0
Liquidation expensesRs 27.00 L
Surplus to membersRs 57.00 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 dissolve496 days

122 days faster than the median of 618 days across 1,597 completed wind-downs

Cost of the wind-down31.8% of realisation

the median is 9.5%

Surplus returnedYes

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

SizeRs 85.00 L

above 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 57.00 L in surplus was returned to members.

The NCLT order

Read from the document itself

Bench
SPECIAL BENCH, BENGALURU
Case number
C.P. (IB) No. 29/BB/2023
Order date
25 Jul 2023

Applicant Company is hereby dissolved with effect from the date of the present order.

What the bench said

On perusal of the ROC report it is found that there was no important observations IBC, 2016 r/w. Regulation 37(2) of IBBI (Voluntary Liquidation Process) Regulations, 2017, from the date of commencement of the liquidation proceedings is completed. Hence, we are of the considered opinion that the corporate person, through its Liquidator, has been voluntarily liquidated.

Statutory observations

The ROC submits that as per available records maintained, no inquiry /inspection/complaint/ prosecution is pending against the company.

25 Jul 2023 · C.P. (IB) No. 29/BB/2023 · 5 pages Read the order

The wind-down, stage by stage

12 dated stages

496 days to dissolve
  1. 14 Mar 2022 Board resolution to wind up
  2. 16 Mar 2022 Liquidation commenced
  3. 18 Mar 2022 Public announcement
  4. 22 Mar 2022 Declaration of solvency
  5. 15 Apr 2022 Last date for creditors to claim
  6. 29 Apr 2022 Preliminary report
  7. 17 Oct 2022 Final report
  8. 17 Oct 2022 Final report filed with the ROC
  9. 17 Oct 2022 Final report filed with IBBI
  10. 29 Nov 2022 Dissolution application filed
  11. 25 Jul 2023 NCLT order
  12. 25 Jul 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
Private
Category
Company limited by shares
Sub-category
subsidiary of company incorporated outside India
Listing
Unlisted
State
Karnataka
ROC
ROC Bangalore
Industry
Business Services
PIN
560103
Incorporated
26 Nov 2018
Authorised capital
Rs 10.00 L
Paid-up capital
Rs 1.00 L
CIN
U72200KA2018FTC118797
Registered office
Omega, Embassy Techsquare, Marathahalli-Sarjapur Outer Ring Road, Kadubeesanahalli,Bangalore,Bangalore,Karnataka,560103-India
Company registry · MCA data as on 12 Jun 2026. Capital figures are shown separately from the wind-down financials.

Creditors and claims

As the order records them

Since no claims were received by the Liquidator during the process of liquidation, there was no question of verification of claims.

Litigation and delays

The frictions the order records

Litigation

no inquiry /inspection/complaint/ prosecution is pending against the company.

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

Keep exploring.

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