Issar Investments (India) 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 4.44 Cr |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 8.00 L |
| Surplus to members | Rs 4.36 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 register202 days faster 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 4.36 Cr in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- Hyderabad Bench – 1
- Case number
- CP(IB) No. 219/59/HDB/2024
- Order date
- 14 Feb 2025
The Corporate Person, M/s. Issar Investments (India) Private Limited is hereby dissolved, with immediate effect.
What the bench said
The Liquidator has complied with all the conditions and procedural requirements as specified under Section 59 of IBC and Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017 before initiating voluntary liquidation process of the Corporate Person and we find that the affairs of the Corporate Person have been completely wound up.
Statutory observations
The Registrar of Companies stated that there are no open charges as per MCA21 portal records and voluntary liquidation may be considered.
Why the company wound up
In the order's own words
The Company ceased its operational activities and stopped carrying any business in India
- What it was set up to do
- The company was primarily engaged in the business of investments, to buy, sell, hold or otherwise, trade-in and deal in all kinds of shares, securities, stocks whether for business or for commission, brokerage or otherwise for any other person, firm or body corporate
- What it was doing by the end
- The Company ceased its operational activities and stopped carrying any business in India
The wind-down, stage by stage
12 dated stages
- 20 Dec 2023 Board resolution to wind up
- 20 Dec 2023 Declaration of solvency
- 26 Dec 2023 Liquidation commenced
- 28 Dec 2023 Public announcement
- 27 Jan 2024 Last date for creditors to claim
- 7 Feb 2024 Preliminary report
- 9 Aug 2024 Final report
- 9 Aug 2024 Final report filed with the ROC
- 9 Aug 2024 Final report filed with IBBI
- 14 Feb 2025 Last hearing
- 14 Feb 2025 NCLT order
- 14 Feb 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
- Private
- Category
- Company limited by shares
- Sub-category
- Non-government company
- Listing
- Unlisted
- State
- Telangana
- ROC
- ROC Hyderabad
- Industry
- Finance
- PIN
- 500034
- Incorporated
- 21 Jun 2011
- Authorised capital
- Rs 2.00 Cr
- Paid-up capital
- Rs 1.91 Cr
- CIN
- U65990TG2011PTC075092
- Registered office
- H.No. 8-2-334, Serene Chambers Flat No. W-301 & 302, Road No 5, Banjara, Hills,Hyderabad,Hyderabad,Telangana,500034-India
Directors named in the order
Rama Krishna Reddy Isanaka · Isanaka Shaalini
The money, as the order printed it
Rs as stated in the document — not the crore figures above
Distributed to members
| Rama Krishna Reddy Isanaka | Rs 4.09 Cr |
|---|---|
| Shalini Isanaka | Rs 1.08 L |
Section 53 of the Code
Creditors and claims
As the order records them
Received a claim from IT department Amounting to Rs. 2,36,564/- which was admitted in full and paid on 28.05.2024
Creditor approval
The Company has no creditors as on 26.12.2023, accordingly, no meeting of creditors was required to be conducted.
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.