Solvent wind-down · IBC Section 59
Formosa Industries Limited
U25202MH2006PLC159317 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹0.02 Cr
Amount due to creditors
₹0.00 Cr
Amount paid to creditors
₹0.00 Cr
Liquidation expenses
₹0.02 Cr
Surplus to members
₹0.00 Cr
Time to dissolve
1,429 days
Commenced
20 Oct 2020
Dissolved
18 Sep 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.
Company · MCA master
MCA status
Dissolved under section 59(8)
Company class
Public
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
30 Jan 2006
Authorised capital
₹1.00 Cr
Paid-up capital
₹5.00 L
ROC
ROC Mumbai
Industry
Manufacturing (Metals and Chemicals, and products thereof)
PIN
400002
Registered office
GOVIND BUILDING, 5TH FLOOR, 124/140, PRINCESS STREET,,MUMBAI,Mumbai City,Maharashtra,400002-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
Request access →