Elken International India 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 1.00 L. Reported payout equals 100.0% of dues.
All financial figures & reading notes
| Realisation of assets | Rs 39.00 L |
|---|---|
| Amount due to creditors | Rs 1.00 L |
| Amount paid to creditors | Rs 1.00 L |
| Liquidation expenses | Rs 2.00 L |
| Surplus to members | Rs 37.00 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 register190 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 37.00 L in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- BENGALURU BENCH, BENGALURU
- Case number
- C.P.(IB)No.111/BB/2023
- Order date
- 15 Feb 2024
M/s. Elken International India Private Limited, the Applicant Company is hereby dissolved with effect from the date of this order.
What the bench said
The affairs of the Corporate Person have been completely wound up and its assets have been liquidated and nothing remains to be liquidated.
Why the company wound up
In the order's own words
- What it was set up to do
- engaged in the business of manufacturers, processors, importers, exporters, buyers, sellers, suppliers, stockists, agents, merchants, distributors and dealers in beverages of all kinds and description, etc.
The wind-down, stage by stage
12 dated stages
- 9 Dec 2022 Board resolution to wind up
- 9 Dec 2022 Declaration of solvency
- 14 Dec 2022 Liquidation commenced
- 15 Dec 2022 Public announcement
- 13 Jan 2023 Last date for creditors to claim
- 25 Jan 2023 Preliminary report
- 10 Jul 2023 Final report
- 13 Jul 2023 Final report filed with the ROC
- 13 Jul 2023 Final report filed with IBBI
- 24 Jul 2023 Dissolution application filed
- 15 Feb 2024 NCLT order
- 15 Feb 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
- Karnataka
- ROC
- ROC Bangalore
- Industry
- Agriculture and Allied Activities
- PIN
- 560052
- Incorporated
- 20 Dec 2002
- Authorised capital
- Rs 64.44 Cr
- Paid-up capital
- Rs 56.87 Cr
- CIN
- U01551KA2002PTC032972
- Registered office
- No. 25, 2nd Floor, 8th Main, Vasanth Nagar,Bangalore,Bangalore,Karnataka,560052-India
The money, as the order printed it
Rs as stated in the document — not the crore figures above
- Total receipts
- Rs 39.43 L
- Total payments
- Rs 39.43 L
- Liquidator fee
- Rs 1.30 L
Receipts
| Bank Balance Realised 1 Feb 2023 | Rs 38.89 L |
|---|---|
| Rental Deposits Realised 1 Jun 2023 | Rs 53,495 |
Payments
| Liquidator fee paid (after TDS deduction) | Rs 1.30 L |
|---|---|
| Fee towards Liquidation accounts audit certification | Rs 15,000 |
| TDS deducted and paid on Liquidator fee | Rs 12,000 |
| Bank charges on Remittance | Rs 4,901 |
| Commercial taxes West Bengal- statutory claim | Rs 1,019 |
| ESIC – statutory claim | Rs 1,738 |
| Payment to creditor – statutory audit fee | Rs 65,850 |
| Payment to Shareholders (2 nos.) | Rs 37.12 L |
Distributed to members · 20 Jun 2023
| Shareholders (2 nos.) | Rs 37.12 L |
|---|
Distribution to equity shareholder
What the company held
Bank Balance Realised, Rental Deposits Realised
Unclaimed proceeds
There were no unclaimed dividends and undistributed proceeds in the liquidation process
Creditors and claims
As the order records them
Claims received from third-party shareholders i.e. Commissioner of Commercial Taxes and State Tax, Govt. of West Bengal received on 11.01.2023 and ESI Corporation, Regional Office, Karnataka received on 24.04.2023
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.