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Voluntary liquidation · IBC s.59

IL&FS Broking Services Private Limited

CIN · U67120MH2009PTC191131 Company Maharashtra 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

17 Mar 2023

View process timeline

What did the wind-down return?

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

Assets realised
Rs 1.38 Cr
Value realised from assets
Paid to creditors
Rs 0
No creditor dues reported
Surplus to members
Rs 1.29 Cr
Reported surplus amount

Where the money went

Share of realisation
Creditors · 0.0%Rs 0
Expenses · 6.5%Rs 9.00 L
Members · 93.5%Rs 1.29 Cr

Amount due to creditors: Rs 0. No payout percentage is calculated against zero or negative dues.

All financial figures & reading notes
Amounts as recorded for this voluntary liquidation
Realisation of assetsRs 1.38 Cr
Amount due to creditorsRs 0
Amount paid to creditorsRs 0
Liquidation expensesRs 9.00 L
Surplus to membersRs 1.29 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 register
Time to dissolve1,561 days

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

Cost of the wind-down6.5% of realisation

the median is 9.5%

Surplus returnedYes

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

SizeRs 1.38 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 1.29 Cr in surplus was returned to members.

The NCLT order

Read from the document itself

Bench
MUMBAI BENCH : C-IV
Case number
CP(IB)-1363/MB/2020
Order date
17 Mar 2023

Company shall be dissolved from the date of this order.

What the bench said

Affairs of the company have been completely wound up, and its assets have been completely liquidated.

17 Mar 2023 · CP(IB)-1363/MB/2020 · 5 pages Read the order

Why the company wound up

In the order's own words

What it was doing by the end
The Company is not carrying-out any business from the date of incorporation and not earning any profits except the income from investments.

The wind-down, stage by stage

8 dated stages

1,561 days to dissolve
  1. 30 Nov 2018 Board resolution to wind up
  2. 30 Nov 2018 Declaration of solvency
  3. 7 Dec 2018 Liquidation commenced
  4. 11 Dec 2018 Public announcement
  5. 21 Jan 2019 Preliminary report
  6. 1 Oct 2020 Final report
  7. 17 Mar 2023 NCLT order
  8. 17 Mar 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
Maharashtra
ROC
ROC Mumbai
Industry
Finance
PIN
400051
Incorporated
23 Mar 2009
Authorised capital
Rs 40.25 Crorder says Rs 1.50 Cr
Paid-up capital
Rs 30.22 Crorder says Rs 25.25 L
CIN
U67120MH2009PTC191131
Registered office
The IL&FS Financial Centre, 3rd Floor, Plot C - 22 G - Block, Bandra Kurla Complex, Bandra,(East),,Mumbai,Mumbai City,Maharashtra,400051-India

Directors named in the order

Asesh Jyoti Dutta · Deepak Jagdish Pareek

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

Creditors and claims

As the order records them

Received only one claim within the statutory period.

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

Keep exploring.

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