Himalaya Containers and Cartons 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 65.00 L |
|---|---|
| Amount due to creditors | Not reported |
| Amount paid to creditors | Not reported |
| Liquidation expenses | Rs 4.00 L |
| Surplus to members | Rs 61.00 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 register175 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
below 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 61.00 L 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/2021
- Order date
- 8 Jun 2022
Dissolved effective order date
What the bench said
The affairs of the Corporate Person have been completely wound up and its assets were liquidated and nothing remains to be liquidated. Thus, the compliances of Section 59 and other relevant provisions of the IBC, 2016 r/w. IBBI Regulations, 2017 have been made within 12 months.
Statutory observations
The Liquidator has intimated the commencement of Liquidation and appointment of Liquidator to the Income Tax Authority on 01.04.2021 & 03.08.2021. In this regard, the IT Department has not raised any demand in the report dated 19.08.2021.
Why the company wound up
In the order's own words
- What it was set up to do
- To carry on business of developing properties of all kinds, residential and commercial and to carry on the business of property development either singly or jointly as joint venture through owned property or leased property. To carry on allied businesses of property development.
The wind-down, stage by stage
11 dated stages
- 15 Mar 2021 Board resolution to wind up
- 15 Mar 2021 Declaration of solvency
- 22 Mar 2021 Liquidation commenced
- 23 Mar 2021 Public announcement
- 22 Apr 2021 Last date for creditors to claim
- 27 Apr 2021 Preliminary report
- 22 Sep 2021 Final report
- 22 Sep 2021 Final report filed with IBBI
- 23 Sep 2021 Final report filed with the ROC
- 8 Jun 2022 NCLT order
- 8 Jun 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
- Karnataka
- ROC
- ROC Bangalore
- Industry
- Trading
- PIN
- 560038
- Incorporated
- 3 Feb 1971
- Authorised capital
- Rs 30.00 L
- Paid-up capital
- Rs 8.70 L
- CIN
- U51909KA1971PTC002001
- Registered office
- APT # 1B, NO 254, 10TH MAIN 1ST CROSS INDIRANAGAR,BANGALORE,Bangalore,Karnataka,560038-India
The money, as the order printed it
Rs as stated in the document — not the crore figures above
- Total receipts
- Rs 65.18 L
- Total payments
- Rs 65.18 L
Receipts
| Opening Balance Bank | Rs 64.60 L |
|---|---|
| Income Tax refund for FY 2019-20 | Rs 58,310 |
| Other Deposit interest & charges | Rs 100 |
Payments
| Advertisement | Rs 15,120 |
|---|---|
| Legal & Professional Fees | Rs 3.70 L |
| Bank Charges | Rs 201 |
| Rates & Taxes | Rs 25,000 |
| Repayment of Share Capital - Mr. Suresh Devsi Patel | Rs 4.40 L |
| Repayment of Share Capital - Mrs. Vasanti Suresh Patel | Rs 4.30 L |
| Balance Over and Above the Capital Contribution - Mr. Suresh Devsi Patel | Rs 23.24 L |
| Balance Over and Above the Capital Contribution - Mrs. Vasanti Suresh Patel | Rs 22.72 L |
| Payment of Tax deducted at source - Mr. Suresh Devsi Patel | Rs 3.07 L |
| Payment of Tax deducted at source - Mrs. Vasanti Suresh Patel | Rs 3.00 L |
| Others | Rs 35,000 |
| Closing Balance Bank | Rs 0 |
Distributed to members
| Suresh Devsi Patel | Rs 27.64 L |
|---|---|
| Vasanti Suresh Patel | Rs 27.02 L |
Creditors and claims
As the order records them
The liquidator received the claims from two shareholders.
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.