Eat Real Snacks Private Limited
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 34.00 L |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 6.00 L |
| Surplus to members | Rs 28.00 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 register283 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 28.00 L in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- Ahmedabad Division Bench Court - 1
- Case number
- CP (IB)/67(AHM)/2023
- Order date
- 13 Sep 2023
The Corporate Person (Applicant Company) M/s. Eat Real Snacks Private Limited shall stand dissolved from the date of this order.
What the bench said
Liquidator has duly performed duties, funds duly distributed, no creditors, no objections received, petition complies with Section 59(7) of the Code.
Statutory observations
Income Tax Department filed report stating no outstanding demand and no proceedings pending; ROC did not appear or file reply.
Why the company wound up
In the order's own words
incurred losses due to several business constrains and adverse economic situation and further in view of non-availability of the business prospects and on-going market conditions
- What it was set up to do
- to carry on the business of manufacturing and trading of packaged foods and snack items
The wind-down, stage by stage
11 dated stages
- 3 Oct 2022 Board resolution to wind up
- 3 Oct 2022 Declaration of solvency
- 13 Oct 2022 Liquidation commenced
- 15 Oct 2022 Public announcement
- 22 Nov 2022 Preliminary report
- 6 Feb 2023 Final report
- 6 Feb 2023 Final report filed with the ROC
- 6 Feb 2023 Final report filed with IBBI
- 27 Feb 2023 Dissolution application filed
- 13 Sep 2023 NCLT order
- 13 Sep 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
- Gujarat
- ROC
- ROC Ahmedabad
- Industry
- Manufacturing (Food stuffs)
- PIN
- 382330
- Incorporated
- 9 Feb 2016
- Authorised capital
- Rs 4.21 Cr
- Paid-up capital
- Rs 4.21 Cr
- CIN
- U15510GJ2016FTC086004
- Registered office
- 28, NANDAN BAUG BUNGLOWS, NARODA DEHGAM ROAD, BILISIYA,,AHMEDABAD,Ahmedabad,Gujarat,382330-India
The money, as the order printed it
Rs as stated in the document — not the crore figures above
- Total receipts
- Rs 34.07 L
What the company held
No fixed assets or liabilities as on the date of liquidation except bank balance of Rs. 34,07,077/-
Creditors and claims
As the order records them
No claims were received from any of the creditor/stakeholders.
Creditor approval
No claims were received by the liquidator from any of the creditor/stakeholders.
Litigation and delays
The frictions the order records
Litigation
No pending litigation
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.