Voluntary liquidation · IBC s.59

Hibu India Private Limited

CIN · U72300KA2005PTC038031 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

30 Jun 2025

View process timeline

What did the wind-down return?

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

Assets realised

Rs 1.34 Cr

Value realised from assets

Paid to creditors

Rs 3.00 L

100.0% of reported dues

Surplus to members

Rs 96.00 L

Reported surplus amount

Where the money went

Share of realisation

Creditors · 2.2%Rs 3.00 L

Expenses · 26.1%Rs 35.00 L

Members · 71.6%Rs 96.00 L

Amount due to creditors: Rs 3.00 L. Reported payout equals 100.0% of dues.

All financial figures & reading notes

Amounts as recorded for this voluntary liquidation
Realisation of assets	Rs 1.34 Cr
Amount due to creditors	Rs 3.00 L
Amount paid to creditors	Rs 3.00 L
Liquidation expenses	Rs 35.00 L
Surplus to members	Rs 96.00 L

"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 dissolve1,371 days

753 days slower than the median of 618 days across 1,597 completed wind-downs

Cost of the wind-down26.1% of realisation

the median is 9.5%

Surplus returnedYes

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

SizeRs 1.34 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 96.00 L in surplus was returned to members.

The wind-down, stage by stage

2 dated stages

1,371 days to dissolve

28 Sep 2021 Liquidation commenced
30 Jun 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: 560025
Incorporated: 23 Dec 2005
Authorised capital: Rs 50.00 L
Paid-up capital: Rs 1.00 L
CIN: U72300KA2005PTC038031
Registered office: 2ND FLOOR, SHABARI COMLEX, FIELD MARSHAL CARIAPPA ROAD, SHANTHALA NAGAR, ASHOK NA,GAR,BENGALURU,Bangalore,Karnataka,560025-India

Company registry · MCA data as on 12 Jun 2026. Capital figures are shown separately from the wind-down financials.

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

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