Solvent wind-down · IBC Section 59
Hitech Metalplast Limited
U25209TN1995PLC029873 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹0.11 Cr
Amount due to creditors
—
Amount paid to creditors
—
Liquidation expenses
₹0.07 Cr
Surplus to members
₹0.04 Cr
Time to dissolve
756 days
Commenced
24 Jan 2020
Dissolved
18 Feb 2022
Solvent voluntary liquidation under IBC Section 59 — a healthy company choosing to wind up. Creditors are paid in full and costs met before any surplus returns to members; there is no haircut or acquirer.
Here, ₹0.04 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved (Liquidated)
Company class
Public
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
18 Jan 1995
Authorised capital
₹5.00 Cr
Paid-up capital
₹19.00 L
ROC
ROC Chennai
Industry
Manufacturing (Metals and Chemicals, and products thereof)
PIN
600041
Registered office
No.111, NPL Devi, 5th Floor L B Road, Thiruvanmiyur,Chennai,Chennai,Tamil Nadu,600041-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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