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Voluntary liquidation · IBC s.59

Doc Medical Services Private Limited

CIN · U33125TN2007PTC062048 Company Tamil Nadu 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

23 Oct 2024

View process timeline

What did the wind-down return?

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

Assets realised
Rs 2.12 Cr
Value realised from assets
Paid to creditors
Rs 0
No creditor dues reported
Surplus to members
Rs 0
A zero surplus is recorded

Where the money went

Reported amounts
The reported payouts, expenses and surplus do not add up to assets realised. Amounts are shown individually rather than as a split.
CreditorsRs 0
ExpensesRs 12.00 L
MembersRs 0

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 2.12 Cr
Amount due to creditorsRs 0
Amount paid to creditorsRs 0
Liquidation expensesRs 12.00 L
Surplus to membersRs 0

"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 dissolve275 days

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

Cost of the wind-down5.7% of realisation

the median is 9.5%

Surplus returnedNo

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

SizeRs 2.12 Cr

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.

The NCLT order

Read from the document itself

Bench
DIVISION BENCH – I, CHENNAI
Case number
CP(IB)/149(CHE)2024
Order date
23 Oct 2024

The Company M/s Doc Medical Services Pvt Ltd is dissolved.

What the bench said

the affairs of the Company have been completely wound up and the assets of the Applicant Company have been completely liquidated

23 Oct 2024 · CP(IB)/149(CHE)2024 · 9 pages Read the order

Why the company wound up

In the order's own words

no significant business operations in the Company since 31st March, 2023 and no revival plan could be worked out for the Company

What it was set up to do
To carry on the business of setting up diagnostic centers, clinical laboratories and provider of all requisite service for general public and to undertake servicing and reconditioning of medical equipments and allied accessories.
What it was doing by the end
no significant business operations in the Company since 31st March, 2023

The wind-down, stage by stage

8 dated stages

275 days to dissolve
  1. 12 Jan 2024 Board resolution to wind up
  2. 22 Jan 2024 Liquidation commenced
  3. 3 Feb 2024 Declaration of solvency
  4. 21 Feb 2024 Preliminary report
  5. 10 Jul 2024 Final report
  6. 23 Oct 2024 Last hearing
  7. 23 Oct 2024 NCLT order
  8. 23 Oct 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
Tamil Nadu
ROC
ROC Chennai
Industry
Manufacturing (Machinery and Equipments)
PIN
600085
Incorporated
16 Jan 2007
Authorised capital
Rs 3.00 Cr
Paid-up capital
Rs 1.66 Cr
CIN
U33125TN2007PTC062048
Registered office
No: 1 Ambadi Road , Kotturpuram,Chennai,Chennai,Tamil Nadu,600085-India

Shareholding as the order states it

MemberShares%
Udhyakumar balakrishna
Thiruveni udhyakumar7.40%
Sabri Jayanthan82.60%
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 payments
Rs 2.12 Cr
Liquidator fee
Rs 45,000

Payments

Liquidator FeesRs 45,000
Professional fee to GST Consultant LLPRs 14,950
Sabri Jayanthan - ShareholderRs 6.85 L
Reimbursement of legal expenses to PCSRs 6,000
TDS On The Liquidator Fees, Sec 194j Professional Fees Rs.5000/- & Balance DividendRs 3.87 L
Udhyakumar balakrishna- ShareholderRs 10.94 L
Thiruveni udhyakumar- ShareholderRs 8.09 L
Sabri Jayanthan- ShareholderRs 1.81 Cr

Distributed to members · 3 May 2024

Udhyakumar balakrishnaRs 10.94 L
Thiruveni udhyakumarRs 8.09 L
Sabri JayanthanRs 1.81 Cr

shareholding ratio

What the company held

Company's assets consist only of bank balances

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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