Voluntary liquidation · IBC s.59

Fujin Power Private Limited

CIN · U40108KA2013PTC087143 Company Karnataka MCA · Dissolved under section 59(8)

The wind-down at a glance. Follow the recorded outcome, financials and people behind this company.

Process record Dissolution recorded

15 Sep 2023

View process timeline

What did the wind-down return?

Reported financials Rs crore, shown in lakh below Rs 1 crore

Assets realised

Rs 3.46 Cr

Value realised from assets

Paid to creditors

Rs 0

No creditor dues reported

Surplus to members

Rs 3.44 Cr

Reported surplus amount

Where the money went

Share of realisation

Creditors · 0.0%Rs 0

Expenses · 0.3%Rs 1.00 L

Members · 99.4%Rs 3.44 Cr

Amount due to creditors: Rs 0. No payout percentage is calculated against zero or negative dues.

All financial figures & reading notes

Amounts as recorded for this voluntary liquidation
Realisation of assets	Rs 3.46 Cr
Amount due to creditors	Rs 0
Amount paid to creditors	Rs 0
Liquidation expenses	Rs 1.00 L
Surplus to members	Rs 3.44 Cr

"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 register

Time to dissolve389 days

229 days faster than the median of 618 days across 1,597 completed wind-downs

Cost of the wind-down0.3% of realisation

the median is 9.5%

Surplus returnedYes

72% of completed wind-downs returned a surplus to members

SizeRs 3.46 Cr

above the median realisation of Rs 66.00 L

Reading this record

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 3.44 Cr in surplus was returned to members.

The NCLT order

Read from the document itself

Bench: SPECIAL BENCH, BENGALURU
Case number: C.P. (IB) No.25/BB/2023
Order date: 15 Sep 2023

Dissolved with effect from the date of the present order

What the bench said

the affairs of the corporate person have been completely wound up and its assets have been liquidated and nothing remains to be liquidated.

15 Sep 2023 · C.P. (IB) No.25/BB/2023 · 6 pages Read the order

15 Sep 2023 · C.P. (IB)No.25/BB/2023 · 6 pages Read the order

The wind-down, stage by stage

12 dated stages

389 days to dissolve

12 Aug 2022 Board resolution to wind up
12 Aug 2022 Declaration of solvency
22 Aug 2022 Liquidation commenced
23 Aug 2022 Public announcement
21 Sep 2022 Last date for creditors to claim
1 Oct 2022 Preliminary report
5 Nov 2022 Final report
11 Nov 2022 Final report filed with the ROC
11 Nov 2022 Final report filed with IBBI
18 Nov 2022 Dissolution application filed
15 Sep 2023 NCLT order
15 Sep 2023 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 under section 59(8)
Company class: Private
Category: Company limited by shares
Sub-category: Non-government company
Listing: Unlisted
State: Karnataka
ROC: ROC Bangalore
Industry: Electricity, Gas and Water companies
PIN: 560008
Incorporated: 6 Dec 2013
Authorised capital: Rs 22.01 Cr
Paid-up capital: Rs 21.68 Cr
CIN: U40108KA2013PTC087143
Registered office: Tower A, 3rd Floor, The Millenia No. 1 & 2 Murphy Road, Ulsoor,Bangalore,Bangalore,Karnataka,560008-India

Company registry · MCA data as on 12 Jun 2026. Capital figures are shown separately from the wind-down financials.

The money, as the order printed it

Rs as stated in the document — not the crore figures above

Total receipts: Rs 3.46 Cr
Total payments: Rs 3.46 Cr
Liquidator fee: Rs 1.19 L

Receipts

Bank Balance Realised 28 Sep 2022	Rs 3.46 Cr

Payments

Liquidator fee paid (after deducting TDS)	Rs 1.19 L
Liquidation accounts audit certificate	Rs 2,000
TDS deducted and paid on Liquidator fee	Rs 11,000
Bank charges	Rs 12,245
Payment to Acciona Energia Global S.L.U., Spain	Rs 3.44 Cr
Payment to Acciona Generacion Renovable, S.A. Spain	Rs 2

Distributed to members · 25 Oct 2022

Acciona Energia Global S.L.U., Spain	Rs 3.44 Cr
Acciona Generacion Renovable, S.A. Spain	Rs 2

Distribution to equity shareholder

What the company held

Bank Balance Realised

These are the figures the NCLT order prints, in rupees. The crore figures higher up the page come from IBBI's outcome file. They are different measurements from different sources and are shown separately on purpose — the Cr/Lakh switch does not touch them.