Grande Games India Private Limited
The wind-down at a glance. Follow the recorded outcome, financials and people behind this company.
What did the wind-down return?
Reported financials Rs crore, shown in lakh below Rs 1 crore
Where the money went
Share of realisationAmount due to creditors: Rs 0. No payout percentage is calculated against zero or negative dues.
All financial figures & reading notes
| Realisation of assets | Rs 19.00 L |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 7.00 L |
| Surplus to members | Rs 11.00 L |
"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 register265 days faster than the median of 618 days across 1,597 completed wind-downs
the median is 9.5%
72% of completed wind-downs returned a surplus to members
below the median realisation of Rs 66.00 L
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 11.00 L in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- SPECIAL BENCH, BENGALURU
- Case number
- C.P.(IB)No.72/BB/2023
- Order date
- 7 Dec 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
Why the company wound up
In the order's own words
- What it was set up to do
- engaged in the business to undertake the management of social media channels and corresponding creative for product promotion and engagement in India or elsewhere
The wind-down, stage by stage
10 dated stages
- 16 Dec 2022 Board resolution to wind up
- 19 Dec 2022 Liquidation commenced
- 21 Dec 2022 Public announcement
- 18 Jan 2023 Last date for creditors to claim
- 23 Jan 2023 Preliminary report
- 27 Mar 2023 Final report
- 31 Mar 2023 Dissolution application filed
- 17 Apr 2023 Final report filed with the ROC
- 7 Dec 2023 NCLT order
- 7 Dec 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
- subsidiary of company incorporated outside India
- Listing
- Unlisted
- State
- Karnataka
- ROC
- ROC Bangalore
- Industry
- Business Services
- PIN
- 560025
- Incorporated
- 17 Jan 2020
- Authorised capital
- Rs 15.00 L
- Paid-up capital
- Rs 1.00 L
- CIN
- U74999KA2020FTC131691
- Registered office
- 05B109, WeWork Galaxy 43, Residency Road,Bangalore,Bangalore,Karnataka,560025-India
Creditors and claims
As the order records them
Only one claim has been received by the Liquidator and the same has been verified and admitted.
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.