Solvent wind-down · IBC Section 59
Fair Energy & Minerals Pvt. Ltd.
U14200MH2008PTC182227 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹1.90 Cr
Amount due to creditors
—
Amount paid to creditors
—
Liquidation expenses
₹1.37 Cr
Surplus to members
₹0.53 Cr
Time to dissolve
523 days
Commenced
4 Oct 2017
Dissolved
11 Mar 2019
Solvent voluntary liquidation under IBC Section 59 — a healthy company choosing to wind up. Creditors are paid in full and costs met before any surplus returns to members; there is no haircut or acquirer.
Here, ₹0.53 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved (Liquidated)
Company class
Private
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
15 May 2008
Authorised capital
₹5.00 L
Paid-up capital
₹4.04 L
ROC
ROC Mumbai
Industry
Mining and Quarrying
PIN
400703
Registered office
802, ANANT, PLOT NO 88/2 SECTOR - 29, VASHI,NAVI MUMBAI,Maharashtra,400703-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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