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Voluntary liquidation · IBC s.59

Hashmap Tech India Private Limited

CIN · U72200KA2016PTC173122 Company Karnataka MCA · Dissolved under section 59(8)

The wind-down at a glance. Follow the recorded outcome, financials and people behind this company.

Process record Dissolution recorded

4 Mar 2025

View process timeline

What did the wind-down return?

Reported financials Rs crore, shown in lakh below Rs 1 crore

Assets realised
Rs 4.92 Cr
Value realised from assets
Paid to creditors
Rs 0
No creditor dues reported
Surplus to members
Rs 3.85 Cr
Reported surplus amount

Where the money went

Share of realisation
Creditors · 0.0%Rs 0
Expenses · 21.7%Rs 1.07 Cr
Members · 78.3%Rs 3.85 Cr

Amount due to creditors: Rs 0. No payout percentage is calculated against zero or negative dues.

All financial figures & reading notes
Amounts as recorded for this voluntary liquidation
Realisation of assetsRs 4.92 Cr
Amount due to creditorsRs 0
Amount paid to creditorsRs 0
Liquidation expensesRs 1.07 Cr
Surplus to membersRs 3.85 Cr

"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 register
Time to dissolve631 days

about the median

Cost of the wind-down21.7% of realisation

the median is 9.5%

Surplus returnedYes

72% of completed wind-downs returned a surplus to members

SizeRs 4.92 Cr

above the median realisation of Rs 66.00 L

Reading this record

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. Here, Rs 3.85 Cr in surplus was returned to members.

The NCLT order

Read from the document itself

Bench
BENGALURU BENCH, BENGALURU
Case number
C.P. (IB) No. 104/BB/2024
Order date
4 Mar 2025

Dissolved effective order date

What the bench said

The affairs of the Corporate Person have been completely wound up and the assets of the Applicant Company have been completely liquidated and as such the Applicant Company deserves to be dissolved.

Statutory observations

ROC filed a Status Report, and upon perusal, it was submitted that no further inquiries are required to be made into any matter relating to the promotion, formation or failure of the corporate person or the conduct of business.

4 Mar 2025 · C.P. (IB) No. 104/BB/2024 · 9 pages Read the order

Why the company wound up

In the order's own words

What it was set up to do
To be engaged in the business of Information Technology in all its spheres including but not limited to Software Development, Software Services, Web Designing, Advertisement, provide Information Technology Enabled Services...

The wind-down, stage by stage

12 dated stages

631 days to dissolve
  1. 22 May 2023 Board resolution to wind up
  2. 22 May 2023 Declaration of solvency
  3. 12 Jun 2023 Liquidation commenced
  4. 13 Jun 2023 Public announcement
  5. 12 Jul 2023 Last date for creditors to claim
  6. 26 Jul 2023 Preliminary report
  7. 21 Mar 2024 Final report
  8. 21 Mar 2024 Final report filed with the ROC
  9. 21 Mar 2024 Final report filed with IBBI
  10. 4 Apr 2024 Dissolution application filed
  11. 4 Mar 2025 NCLT order
  12. 4 Mar 2025 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
Karnataka
ROC
ROC Bangalore
Industry
Business Services
PIN
560020
Incorporated
1 Jan 2016
Authorised capital
Rs 1.00 L
Paid-up capital
Rs 1.00 L
CIN
U72200KA2016PTC173122
Registered office
2nd floor, Uniworth Plaza,No. 20, Sankey Road,Bangalore North,Bangalore,Karnataka,560020-India
Company registry · MCA data as on 12 Jun 2026. Capital figures are shown separately from the wind-down financials.

Creditors and claims

As the order records them

The ESIC Sub-Regional Office, Jalandhar, submitted a claim of Rs. 4,772/-. EPFO dues were cleared and a No Dues Letter was issued.

Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error

Keep exploring.

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