Voluntary liquidation · IBC s.59

Indo Austrian Business Forum

CIN · U74999DL2001NPL112520 Company Delhi 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

16 May 2025

View process timeline

What did the wind-down return?

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

Assets realised

Rs 1.00 L

Value realised from assets

Paid to creditors

Rs 0

No creditor dues reported

Surplus to members

Rs 0

A zero surplus is recorded

Where the money went

Share of realisation

Creditors · 0.0%Rs 0

Expenses · 100.0%Rs 1.00 L

Members · 0.0%Rs 0

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 assets	Rs 1.00 L
Amount due to creditors	Rs 0
Amount paid to creditors	Rs 0
Liquidation expenses	Rs 1.00 L
Surplus to members	Rs 0

"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 dissolve269 days

349 days faster than the median of 618 days across 1,597 completed wind-downs

Cost of the wind-down100.0% of realisation

the median is 9.5%

Surplus returnedNo

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

SizeRs 1.00 L

below 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.

The NCLT order

Read from the document itself

Bench: New Delhi Bench Court - V
Case number: C.P.(IB)/85/ND/2025
Order date: 16 May 2025

Dissolved with effect from the date of pronouncement of this order

What the bench said

Liquidator after appointment duly performed duties and completed necessary formalities; affairs completely wound up and assets liquidated; no adverse comments from statutory authorities or public

Statutory observations

RoC reported that as per records, no inquiry/inspection/complaint/legal action has been pending against the subject Company and no specific objection to the voluntary liquidation

16 May 2025 · C.P.(IB)/85/ND/2025 · 6 pages Read the order

Why the company wound up

In the order's own words

non-availability of the major business prospects and decision to not further continue business operations

What it was set up to do: promoting and developing the Indo-Austrian business, trade and travel
What it was doing by the end: carried on its business operations in the initial years of its registration but there had been no significant business operation in the company

The wind-down, stage by stage

9 dated stages

269 days to dissolve

30 Jul 2024 Board resolution to wind up
30 Jul 2024 Declaration of solvency
20 Aug 2024 Liquidation commenced
22 Aug 2024 Public announcement
3 Oct 2024 Preliminary report
16 Dec 2024 Final report filed with the ROC
16 Dec 2024 Final report filed with IBBI
16 May 2025 NCLT order
16 May 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: Public
Category: Company limited by guarantee
Sub-category: Non-government company
Listing: Unlisted
State: Delhi
ROC: ROC Delhi
Industry: Business Services
PIN: 110001
Incorporated: 21 Sep 2001
Authorised capital: Rs 0
Paid-up capital: Rs 0
CIN: U74999DL2001NPL112520
Registered office: 1A-D, VANDHNA 11, TOLSTOY MARG,NEW DELHI,Central Delhi,Delhi,110001-India

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

The money, as the order printed it

Rs as stated in the document — not the crore figures above

Unclaimed proceeds

there is no unclaimed dividend or any other undistributed proceeds which are required to be transferred to the Corporate Voluntary Liquidation Account

These are the figures the NCLT order prints, in rupees. The crore figures higher up the page come from IBBI's outcome file. They are different measurements from different sources and are shown separately on purpose — the Cr/Lakh switch does not touch them.