Solvent wind-down · IBC Section 59
GTS Coil Private Ltd.
U29255KA2013PTC068480 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹0.14 Cr
Amount due to creditors
₹0.08 Cr
Amount paid to creditors
₹0.08 Cr
Liquidation expenses
₹0.06 Cr
Surplus to members
—
Time to dissolve
329 days
Commenced
2 Jan 2019
Dissolved
27 Nov 2019
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 (Liquidated)
Company class
Private
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
8 Apr 2013
Authorised capital
₹1.20 Cr
Paid-up capital
₹31.00 L
ROC
ROC Bangalore
Industry
Manufacturing (Machinery and Equipments)
PIN
560067
Registered office
SVR Warehouse, Survey No. 13/1, Kanekal Village, Vagata Post, Hosakote Taluk,,Bangalore Rural Dist,Bangalore Rural,Karnataka,560067-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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