Solvent wind-down · IBC Section 59
Itapp Software Private Limited
U72200KA2012PTC066154 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹7.33 Cr
Amount due to creditors
₹0.13 Cr
Amount paid to creditors
₹0.13 Cr
Liquidation expenses
₹3.52 Cr
Surplus to members
₹3.68 Cr
Time to dissolve
885 days
Commenced
28 Nov 2022
Dissolved
1 May 2025
Solvent voluntary liquidation under IBC Section 59 — a healthy company choosing to wind up. Creditors are paid in full and costs met before any surplus returns to members; there is no haircut or acquirer.
Here, ₹3.68 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved under section 59(8)
Company class
Private
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
3 Oct 2012
Authorised capital
₹5.00 L
Paid-up capital
₹5.00 L
ROC
ROC Bangalore
Industry
Business Services
PIN
560071
Registered office
6th Floor,#10/1,11/2 and12/2b,challaghatta Village Behind Dell Office,Domlur,Bangalore,bangalore,Bangalore,Karnataka,560071-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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