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Voluntary liquidation · IBC s.59

Fulcrum Fund Services (India) Private Limited

CIN · U74120KA2007PTC043762 Company Karnataka MCA · Under Liquidation

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

Process record Dissolution recorded

20 Sep 2022

View process timeline

What did the wind-down return?

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

Assets realised
Rs 4.21 Cr
Value realised from assets
Paid to creditors
Rs 0
No creditor dues reported
Surplus to members
Rs 3.06 Cr
Reported surplus amount

Where the money went

Share of realisation
Creditors · 0.0%Rs 0
Expenses · 27.3%Rs 1.15 Cr
Members · 72.7%Rs 3.06 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 assetsRs 4.21 Cr
Amount due to creditorsRs 0
Amount paid to creditorsRs 0
Liquidation expensesRs 1.15 Cr
Surplus to membersRs 3.06 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 dissolve1,421 days

803 days slower than the median of 618 days across 1,597 completed wind-downs

Cost of the wind-down27.3% of realisation

the median is 9.5%

Surplus returnedYes

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

SizeRs 4.21 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 3.06 Cr in surplus was returned to members.

The wind-down, stage by stage

2 dated stages

1,421 days to dissolve
  1. 30 Oct 2018 Liquidation commenced
  2. 20 Sep 2022 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
Under Liquidation
Company class
Private
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
State
Karnataka
ROC
ROC Bangalore
Industry
Business Services
PIN
560047
Incorporated
31 Aug 2007
Authorised capital
Rs 5.00 L
Paid-up capital
Rs 1.00 L
CIN
U74120KA2007PTC043762
Registered office
FLAT NO.102, ARADHANA APARTMENTS, SRINIVAGILU 2ND MAIN ROAD, S T BED LAYOUT, KORAMANGA,LA,BANGALORE,Bangalore,Karnataka,560047-India
Company registry · MCA data as on 12 Jun 2026. Capital figures are shown separately from the wind-down financials.

Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error

Keep exploring.

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