Hurrykrishna Venture 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 8.00 L |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 2.00 L |
| Surplus to members | Rs 6.00 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 register309 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
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 6.00 L in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- NEW DELHI, COURT-III
- Case number
- (IB) –689 (ND)/2021
- Order date
- 11 Jan 2024
The Present Application stands allowed and the Applicant Company stands dissolved.
Statutory observations
ROC report states no inquiry/inspection/complaint/legal action pending and required e-forms have been filed.
Why the company wound up
In the order's own words
No significant business operations for last 2 years and sound financial position to pay off debts.
- What it was set up to do
- to involve in export from India material commodities goods and articles whether raw, semi-manufactured and completely manufactured to all parts of the world.
- What it was doing by the end
- The Company has no significant business operations form last 2 (two) years.
The wind-down, stage by stage
11 dated stages
- 3 Jun 2021 Board resolution to wind up
- 3 Jun 2021 Declaration of solvency
- 28 Jun 2021 Liquidation commenced
- 29 Jun 2021 Public announcement
- 27 Jul 2021 Last date for creditors to claim
- 10 Aug 2021 Preliminary report
- 27 Sep 2021 Final report
- 7 Oct 2021 Final report filed with the ROC
- 7 Oct 2021 Final report filed with IBBI
- 11 Jan 2024 NCLT order
- 11 Jan 2024 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
- Delhi
- ROC
- ROC Delhi
- Industry
- Others
- PIN
- 110014
- Incorporated
- 2 Mar 1990
- Authorised capital
- Rs 50.00 L
- Paid-up capital
- Rs 50.00 L
- CIN
- U00000DL1990PTC039388
- Registered office
- A-18, First Floor Jangpura Extension,Delhi,South Delhi,Delhi,110014-India
Directors named in the order
Mr. Krishna Shriram · Ms. Roula Shriram
Shareholding as the order states it
| Member | Shares | % |
|---|---|---|
| Mr. Krishna Shriram | 4,99,999 | 99.99% |
| Ms. Roula Shriram | 1 | 0.01% |
Creditors and claims
As the order records them
No claims received from operational creditors, financial creditors, employees, workmen or other creditors.
Creditor approval
No claims have been received from the creditors of the company as Operational Creditors and no claims have been received 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.