Solvent wind-down · IBC Section 59
Grewal Estates Pvt. Ltd.
U99999CH1976PTC032844 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹26.55 Cr
Amount due to creditors
₹7.34 Cr
Amount paid to creditors
₹7.34 Cr
Liquidation expenses
₹0.10 Cr
Surplus to members
₹19.11 Cr
Time to dissolve
1,078 days
Commenced
18 Feb 2019
Dissolved
31 Jan 2022
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, ₹19.11 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved (Liquidated)
Company class
Private
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
1 Nov 1976
Authorised capital
₹2.00 L
Paid-up capital
₹1.22 L
ROC
ROC Chandigarh
Industry
Community, personal and Social Services
PIN
160036
Registered office
HOUSE NO. 203 SECTOR 36A,CHANDIGARH,Chandigarh,160036-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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