Elnet Software City Ltd.
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 2.00 L. Reported payout equals 100.0% of dues.
All financial figures & reading notes
| Realisation of assets | Rs 5.00 L |
|---|---|
| Amount due to creditors | Rs 2.00 L |
| Amount paid to creditors | Rs 2.00 L |
| Liquidation expenses | Rs 0 |
| Surplus to members | Rs 3.00 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 register158 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 3.00 L in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- SPECIAL BENCH, CHENNAI
- Case number
- CP/1331/2018
- Order date
- 5 Dec 2018
dissolution of the corporate person
What the bench said
In view of the details noted above and the necessary compliances which have been made by the Company and the liquidator
The wind-down, stage by stage
6 dated stages
- 28 Aug 2017 Board resolution to wind up
- 1 Sep 2017 Liquidation commenced
- 6 Sep 2017 Public announcement
- 14 Oct 2017 Preliminary report
- 5 Dec 2018 NCLT order
- 5 Dec 2018 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 (Liquidated)
- Company class
- Public
- Category
- Company limited by shares
- Sub-category
- Non-government company
- Listing
- Unlisted
- State
- Tamil Nadu
- ROC
- ROC Chennai
- Industry
- Construction
- PIN
- 600113
- Incorporated
- 22 Mar 2005
- Authorised capital
- Rs 10.00 L
- Paid-up capital
- Rs 10.00 L
- CIN
- U45209TN2005PLC055728
- Registered office
- TS140 BLOCK 2&9,CPT ROAD THARAMANI CHENNAI-113,CHENNAI-113,Chennai,Tamil Nadu,600113-India
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.