Jushi 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 5.81 Cr. Reported payout equals 100.0% of dues.
All financial figures & reading notes
| Realisation of assets | Rs 6.50 Cr |
|---|---|
| Amount due to creditors | Rs 5.81 Cr |
| Amount paid to creditors | Rs 5.81 Cr |
| Liquidation expenses | Rs 28.00 L |
| Surplus to members | Rs 41.00 L |
"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 register114 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 41.00 L in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- Mumbai Bench, Court No. 1
- Case number
- C.P.(1B) 1273/MB/2021
- Order date
- 3 Feb 2022
Accordingly, this Company Petition is allowed.
What the bench said
the affairs of the Corporate Person have been completely wound up and its assets are liquidated. We are of the considered view that this Corporate Person, through its Liquidator, voluntarily liquidated itself so as to get dissolved
The wind-down, stage by stage
8 dated stages
- 9 Sep 2020 Board resolution to wind up
- 17 Sep 2020 Liquidation commenced
- 20 Sep 2020 Public announcement
- 7 Oct 2020 Declaration of solvency
- 7 Oct 2020 Final report filed with the ROC
- 22 Oct 2021 Final report
- 3 Feb 2022 NCLT order
- 3 Feb 2022 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 (Liquidated)
- Company class
- Private
- Category
- Company limited by shares
- Sub-category
- Non-government company
- Listing
- Unlisted
- State
- Maharashtra
- ROC
- ROC Mumbai
- Industry
- Manufacturing (Metals and Chemicals, and products thereof)
- PIN
- 400011
- Incorporated
- 8 Mar 2008
- Authorised capital
- Rs 8.00 Cr
- Paid-up capital
- Rs 8.00 Cr
- CIN
- U25209MH2008PTC179862
- Registered office
- G-19 & 20, Creative Industrial Centre, N M Joshi Marg, Lower Parel,Mumbai,Mumbai City,Maharashtra,400011-India
The money, as the order printed it
Rs as stated in the document — not the crore figures above
What the company held
There were no assets in the Corporate Person.
Creditors and claims
As the order records them
Creditor approval
There were no secured creditors in the company and the Liquidator had made payment to all the unsecured creditors after due verification and accorded their consent on 18.09.2020.
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.