Solvent wind-down · IBC Section 59
GVG Financial Services Private Ltd.
U74999KA2018PTC111753 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹2.03 Cr
Amount due to creditors
₹0.04 Cr
Amount paid to creditors
₹0.04 Cr
Liquidation expenses
₹0.01 Cr
Surplus to members
₹1.98 Cr
Time to dissolve
328 days
Commenced
2 Jan 2019
Dissolved
26 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.
Here, ₹1.98 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
28 Mar 2018
Authorised capital
₹2.00 Cr
Paid-up capital
₹2.00 Cr
ROC
ROC Bangalore
Industry
Business Services
PIN
560041
Registered office
#18/B, Bharat Apartments, 39th Cross, 5th Main, 5th Block, Jayanagar,BENGALURU,Bangalore,Karnataka,560041-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
Request access →