Hellmann Transportation India 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
Reported amountsCreditor dues are not reported, so the payout cannot be assessed against them.
All financial figures & reading notes
| Realisation of assets | Rs 1.77 Cr |
|---|---|
| Amount due to creditors | Not reported |
| Amount paid to creditors | Not reported |
| Liquidation expenses | Rs 11.00 L |
| Surplus to members | Rs 1.66 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 register452 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
above 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. Here, Rs 1.66 Cr in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- Chandigarh Bench, Chandigarh
- Case number
- CP (IB) No.05/Vol./Chd/Hry/2020
- Order date
- 1 Sep 2022
Dissolved effective order date 01.09.2022
What the bench said
The Liquidator is found to have complied with the statutory provision to complete the liquidation process by taking necessary steps.
Statutory observations
RoC filed its report stating that no inquiry/inspection/complaint/legal action has been proceeded/pending against the subject company.
Why the company wound up
In the order's own words
It is no longer viable to carry on the business of the company.
- What it was set up to do
- To carry on the business of the general carriers, cold storage carriers, transports and carriers of goods, passengers and carriers by land, water and air by any conveyance whatsoever. Hirers, cleaners and stores of lorries and to carry out the work of loading, unloading and all kinds of transportation business.
The wind-down, stage by stage
7 dated stages
- 18 Sep 2019 Declaration of solvency
- 27 Sep 2019 Liquidation commenced
- 1 Oct 2019 Public announcement
- 31 Oct 2019 Last date for creditors to claim
- 7 Nov 2019 Preliminary report
- 1 Sep 2022 NCLT order
- 1 Sep 2022 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 (Liquidated)
- Company class
- Private
- Category
- Company limited by shares
- Sub-category
- Non-government company
- Listing
- Unlisted
- State
- Haryana
- ROC
- ROC Delhi
- Industry
- Transport, storage and Communications
- PIN
- 122016
- Incorporated
- 20 Jun 2011
- Authorised capital
- Rs 1.00 Cr
- Paid-up capital
- Rs 1.00 Cr
- CIN
- U60200HR2011PTC043238
- Registered office
- 1st Floor, Infotech Centre, 14/2 Old Gurgaon Delhi Road, Udyog Vihar,Gurgaon,Gurgaon,Haryana,122016-India
The money, as the order printed it
Rs as stated in the document — not the crore figures above
What the company held
Bank Balance Liquid Assets only
Creditors and claims
As the order records them
The applicant company did not have any creditors and has not received any claims from the financial creditors.
Litigation and delays
The frictions the order records
Litigation
No inquiry/inspection/complaint/legal action has been proceeded/pending against the subject company.
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.