Solvent wind-down · IBC Section 59
Giordano Fashions (India) Private Limited
U18101TN2005PTC055609 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹1.08 Cr
Amount due to creditors
₹0.83 Cr
Amount paid to creditors
₹0.83 Cr
Liquidation expenses
₹0.25 Cr
Surplus to members
₹0.00 Cr
Time to dissolve
261 days
Commenced
8 Jan 2025
Dissolved
26 Sep 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.
Creditor dues were met with no surplus remaining after costs.
Company · MCA master
MCA status
Dissolved under section 59(8)
Company class
Private
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
9 Mar 2005
Authorised capital
₹10.00 Cr
Paid-up capital
₹10.00 Cr
ROC
ROC Chennai
Industry
Manufacturing (Textiles)
PIN
600018
Registered office
Workafella, 37, TTK Road Alwarpet,Chennai,Chennai,Tamil Nadu,600018-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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