Solvent wind-down · IBC Section 59

Jurong Engineering (India) Private Limited

U45207TN1997PTC039616 · Company
Dissolved (Liquidated)
Liquidation outcome · IBC s.59
Realisation of assets
₹1.42 Cr
Amount due to creditors
₹0.12 Cr
Amount paid to creditors
₹0.12 Cr
Liquidation expenses
₹0.03 Cr
Surplus to members
₹1.27 Cr
Time to dissolve
692 days
Commenced
11 Jun 2019
Dissolved
3 May 2021
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, ₹1.27 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved (Liquidated)
Company class
Private
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
18 Dec 1997
Authorised capital
₹6.00 Cr
Paid-up capital
₹4.18 Cr
ROC
ROC Chennai
Industry
Construction
PIN
600018
Registered office
UNIT 8C CENTURY PLAZA 560 ANNA SALAI, TEYNAMPET,CHENNAI,Tamil Nadu,600018-India
Liquidator
ICSI Institute of Insolvency Professiona
IBBI/IPA-002/IP-N00265/2017-18/10778
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