Solvent wind-down · IBC Section 59
July New Media Solutions and Technologies Private Limited
U72200KA2009PTC050746 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹0.39 Cr
Amount due to creditors
₹0.00 Cr
Amount paid to creditors
₹0.00 Cr
Liquidation expenses
₹0.03 Cr
Surplus to members
₹0.36 Cr
Time to dissolve
596 days
Commenced
17 Nov 2022
Dissolved
5 Jul 2024
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, ₹0.36 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
26 Aug 2009
Authorised capital
₹1.00 L
Paid-up capital
₹1.00 L
ROC
ROC Bangalore
Industry
Business Services
PIN
560001
Registered office
Prestige Solitaire, Level - II, No.6 Brunton Road,Bangalore,Bangalore,Karnataka,560001-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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