Hex Mobiles 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 1.97 Cr |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 19.00 L |
| Surplus to members | Rs 1.78 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 register455 days faster 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 1.78 Cr in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- DIVISION BENCH - I, CHENNAI
- Case number
- CP(IB)/53(CHE)/2023
- Order date
- 26 Apr 2023
Dissolution of Hex Mobiles Private Limited ordered from the date of this order.
What the bench said
the affairs of the Company 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.
Why the company wound up
In the order's own words
- What it was set up to do
- to carry on the business as traders, wholesalers, dealers, distributors, stockists, buyers, sellers, exporters, importers and agents of motor cycles, scooters, bicycles, tractors, motor cars, trucks, lorries and carriages, earth moving equipment’s, trailers and all types and kinds of automobiles, diesel engines, parts and accessories thereof etc.
- What it was doing by the end
- The Company has stopped its commercial operations and has realized all its assets.
The wind-down, stage by stage
9 dated stages
- 5 Nov 2022 Board resolution to wind up
- 14 Nov 2022 Liquidation commenced
- 18 Nov 2022 Public announcement
- 19 Nov 2022 Declaration of solvency
- 26 Dec 2022 Preliminary report
- 17 Feb 2023 Final report
- 17 Feb 2023 Final report filed with IBBI
- 26 Apr 2023 NCLT order
- 26 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
- Tamil Nadu
- ROC
- ROC Chennai
- Industry
- Trading
- PIN
- 600056
- Incorporated
- 11 Dec 2001
- Authorised capital
- Rs 50.00 L
- Paid-up capital
- Rs 37.50 L
- CIN
- U50101TN2001PTC048145
- Registered office
- PLOT NO.IVB, Ishwarya Garden, Goparasanallur, Poonamallee,,Chennai,Chennai,Tamil Nadu,600056-India
Creditors and claims
As the order records them
Liquidator has not received any claims during the process of liquidation.
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.