Solvent wind-down · IBC Section 59

Gupta Polymers Pvt.Ltd.

U74899DL1973PTC006691 · Company
Dissolved under section 59(8)
Liquidation outcome · IBC s.59
Realisation of assets
₹5.16 Cr
Amount due to creditors
₹0.01 Cr
Amount paid to creditors
₹0.01 Cr
Liquidation expenses
₹0.10 Cr
Surplus to members
₹5.05 Cr
Time to dissolve
587 days
Commenced
16 Sep 2023
Dissolved
25 Apr 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, ₹5.05 Cr in surplus was returned to members.
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
2 Jul 1973
Authorised capital
₹25.00 L
Paid-up capital
₹18.75 L
ROC
ROC Delhi
Industry
Business Services
PIN
110052
Registered office
A-106,WAZIRPUR INDUSTRIAL AREA,DELHI-110052.,NEW DELHI,Delhi,110052-India
Liquidator
ICSI Institute of Insolvency Professiona
IBBI/IPA-002/IP-N00798/2019 -2020/12562
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