Guthy-Renker Marketing 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 49.00 L |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 49.00 L |
| Surplus to members | Rs 0 |
"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 register1,342 days slower 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.
The NCLT order
Read from the document itself
- Bench
- NEW DELHI, COURT-III
- Case number
- (IB) – 855(ND)/2020
- Order date
- 19 Apr 2023
Present Application stands allowed and disposed of
What the bench said
It appears that the affairs of the Applicant Company have been completely wound up and its assets have been completely liquidated. No liabilities have been left unsatisfied. We are satisfied from the documents on record that the voluntary liquidation is not with the intent to defraud any person.
Statutory observations
As per the data available and maintained no inquiry/ inspection /complaint/legal action has been proceeded/pending against the Applicant Company.
Why the company wound up
In the order's own words
the management of the company did not have any future plans for which the Company was formed
- What it was set up to do
- To carry on the business as manufacturers, producers, traders, wholesalers, dealers, marketers, sponsors, importers and exporters in all kinds of pharmaceutical products, cosmetics, beauty, personal care products, health care, lifestyle and other consumer products in India or elsewhere
The wind-down, stage by stage
12 dated stages
- 31 Mar 2017 Board resolution to wind up
- 13 Nov 2017 Declaration of solvency
- 6 Dec 2017 Liquidation commenced
- 7 Dec 2017 Public announcement
- 5 Jan 2018 Last date for creditors to claim
- 12 Jan 2018 Preliminary report
- 28 May 2020 Final report filed with the ROC
- 28 May 2020 Final report filed with IBBI
- 3 Jun 2020 Dissolution application filed
- 3 Jun 2022 Last hearing
- 19 Apr 2023 NCLT order
- 19 Apr 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
- Non-government company
- Listing
- Unlisted
- State
- Delhi
- ROC
- ROC Delhi
- Industry
- Trading
- PIN
- 110016
- Incorporated
- 20 Jun 2007
- Authorised capital
- Rs 25.00 Cr
- Paid-up capital
- Rs 24.99 Cr
- CIN
- U52100DL2007PTC189607
- Registered office
- C/o PERFECT ACCOUNTING & SHARED SERVICES PVT. LTD. E-20,1ST & 2ND FLOOR, HAUZ KHAS,NEW DELHI,Delhi,110016-India
Directors named in the order
Vinod Agarwal · Robert Keith Manning · Richard Frank Odum II
The money, as the order printed it
Rs as stated in the document — not the crore figures above
What the company held
The Company does not have any Fixed Assets which was required to be disposed of and realized
Creditors and claims
As the order records them
claim form was received from M/s Perfect Accounting & Shared Services Private Limited, i.e. operational creditor and from the Shareholders
Litigation and delays
The frictions the order records
Litigation
No litigation is pending against the corporate person
Why it took as long as it did
liquidation proceedings exceeded the timeline contemplated in the Preliminary Report
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.