Solvent wind-down · IBC Section 59

Formel D India Private Limited

U74999PN2009FTC173028 · Company
Dissolved under section 59(8)
Liquidation outcome · IBC s.59
Realisation of assets
₹1.27 Cr
Amount due to creditors
₹0.00 Cr
Amount paid to creditors
₹0.00 Cr
Liquidation expenses
₹0.11 Cr
Surplus to members
₹1.16 Cr
Time to dissolve
668 days
Commenced
26 Dec 2022
Dissolved
24 Oct 2024
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, ₹1.16 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
subsidiary of company incorporated outside India
Listing
Unlisted
Incorporated
15 Oct 2009
Authorised capital
₹35.00 L
Paid-up capital
₹30.00 L
ROC
ROC Pune
Industry
Business Services
PIN
411044
Registered office
PRIME12,FLATNO.2,FIRSTFLOORPLOTNO.H-1,SECTORNO.26,NIGDI-PRADH,IKARAN,PUNE,Pune,Maharashtra,411044-India
Liquidator
ICSI Institute of Insolvency Professiona
IBBI/IPA-002/IP-N00711/2018-2019/12318
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