Integrated Data Bases India 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 11.00 L. Reported payout equals 100.0% of dues.
All financial figures & reading notes
| Realisation of assets | Rs 2.63 Cr |
|---|---|
| Amount due to creditors | Rs 11.00 L |
| Amount paid to creditors | Rs 11.00 L |
| Liquidation expenses | Rs 11.00 L |
| Surplus to members | Rs 2.40 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 register75 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
above 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 2.40 Cr in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- New Delhi, Court-V
- Case number
- IB-448/ND/2023
- Order date
- 10 Nov 2023
Dissolved effective order date
What the bench said
The affairs of the Corporate Person have been completely wound up and its assets have been completely liquidated and no liabilities have been left unsatisfied.
Why the company wound up
In the order's own words
- What it was set up to do
- to carry on business as proprietors and publishers of newspapers, journals, magazines, books, bookseller, printers, stationers and any other literary works
The wind-down, stage by stage
9 dated stages
- 7 Dec 2021 Declaration of solvency
- 17 Dec 2021 Board resolution to wind up
- 17 Dec 2021 Liquidation commenced
- 21 Dec 2021 Public announcement
- 16 Jan 2022 Last date for creditors to claim
- 4 Jul 2023 Final report filed with the ROC
- 7 Jul 2023 Final report filed with IBBI
- 10 Nov 2023 NCLT order
- 10 Nov 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
- Public
- Category
- Company limited by shares
- Sub-category
- Non-government company
- Listing
- Unlisted
- State
- Delhi
- ROC
- ROC Delhi
- Industry
- Business Services
- PIN
- 110001
- Incorporated
- 21 Nov 1961
- Authorised capital
- Rs 5.00 Cr
- Paid-up capital
- Rs 5.00 Cr
- CIN
- U74899DL1961PLC003589
- Registered office
- F-26, FIRST FLOOR CONNAUGHT PLACE,NEW DELHI,Central Delhi,Delhi,110001-India
The money, as the order printed it
Rs as stated in the document — not the crore figures above
What the company held
No other assets of the Corporate Person were left to be realized
Creditors and claims
As the order records them
Creditor approval
Auditor certified that there are no creditors in the company
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.