Solvent wind-down · IBC Section 59
Genovo Development Services Limited
U24230KA2008PLC046164 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹0.13 Cr
Amount due to creditors
₹0.01 Cr
Amount paid to creditors
₹0.01 Cr
Liquidation expenses
₹0.04 Cr
Surplus to members
₹0.08 Cr
Time to dissolve
716 days
Commenced
13 Dec 2023
Dissolved
28 Nov 2025
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, ₹0.08 Cr in surplus was returned to members.
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
23 Apr 2008
Authorised capital
₹1.85 Cr
Paid-up capital
₹1.83 Cr
ROC
ROC Bangalore
Industry
Manufacturing (Metals and Chemicals, and products thereof)
PIN
560099
Registered office
PLOT NO.36, BOMMASANDRA INDUSTRIAL AREA ANEKAL TALUK,BANGALORE,Karnataka,560099-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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