Solvent wind-down · IBC Section 59

Fawow Ventures Private Limited

U18109KL2021PTC072167 · company
Dissolved under section 59(8)
Liquidation outcome · IBC s.59
Realisation of assets
₹1.42 Cr
Amount due to creditors
₹0.00 Cr
Amount paid to creditors
₹0.00 Cr
Liquidation expenses
₹0.04 Cr
Surplus to members
₹1.38 Cr
Time to dissolve
269 days
Commenced
17 Sep 2024
Dissolved
13 Jun 2025
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, ₹1.38 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved under section 59(8)
Company class
Private
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
9 Nov 2021
Authorised capital
₹3.00 Cr
Paid-up capital
₹2.46 Cr
ROC
ROC Ernakulam
Industry
Manufacturing (Textiles)
PIN
682022
Registered office
No. 4, Building No. 24/8, Ground Floor AKKM Tower, Behind Cusat Metro Station,Kalamassery,Ernakulam,Kerala,682022-India
Liquidator
ICAI IIIPI
IBBI/IPA-001/IP-P-02833/2023-2024/14351
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