Solvent wind-down · IBC Section 59

Gagangiri Containers Limited

U51900MH1997PLC109593 · Company
Dissolved (Liquidated)
Liquidation outcome · IBC s.59
Realisation of assets
₹0.13 Cr
Amount due to creditors
Amount paid to creditors
Liquidation expenses
₹0.04 Cr
Surplus to members
₹0.09 Cr
Time to dissolve
232 days
Commenced
3 Jul 2019
Dissolved
20 Feb 2020
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, ₹0.09 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved (Liquidated)
Company class
Public
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
24 Jul 1997
Authorised capital
₹1.50 Cr
Paid-up capital
₹5.00 L
ROC
ROC Mumbai
Industry
Trading
PIN
400059
Registered office
'UJALA HOUSE', RAM KRISHNA MANDIR ROAD, KONDIVITA, ANDHERI (EAST),,MUMBAI,Maharashtra,400059-India
Liquidator
ICSI Institute of Insolvency Professiona
IBBI/IPA-002/IP-N00318/2017-2018/10923
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