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Voluntary liquidation · IBC s.59

Kabbage India Private Limited

CIN · U74900KA2015FTC082114 Company Karnataka MCA · Dissolved under section 59(8)

The wind-down at a glance. Follow the recorded outcome, financials and people behind this company.

Process record Dissolution recorded

7 Nov 2024

View process timeline

What did the wind-down return?

Reported financials Rs crore, shown in lakh below Rs 1 crore

Assets realised
Rs 4.00 L
Value realised from assets
Paid to creditors
Rs 0
No creditor dues reported
Surplus to members
Rs 0
A zero surplus is recorded

Where the money went

Share of realisation
Creditors · 0.0%Rs 0
Expenses · 100.0%Rs 4.00 L
Members · 0.0%Rs 0

Amount due to creditors: Rs 0. No payout percentage is calculated against zero or negative dues.

All financial figures & reading notes
Amounts as recorded for this voluntary liquidation
Realisation of assetsRs 4.00 L
Amount due to creditorsRs 0
Amount paid to creditorsRs 0
Liquidation expensesRs 4.00 L
Surplus to membersRs 0

"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 register
Time to dissolve1,938 days

1,320 days slower than the median of 618 days across 1,597 completed wind-downs

Cost of the wind-down100.0% of realisation

the median is 9.5%

Surplus returnedNo

72% of completed wind-downs returned a surplus to members

SizeRs 4.00 L

below the median realisation of Rs 66.00 L

Reading this record

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.

The wind-down, stage by stage

2 dated stages

1,938 days to dissolve
  1. 19 Jul 2019 Liquidation commenced
  2. 7 Nov 2024 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
subsidiary of company incorporated outside India
Listing
Unlisted
State
Karnataka
ROC
ROC Bangalore
Industry
Business Services
PIN
560008
Incorporated
7 Aug 2015
Authorised capital
Rs 5.00 L
Paid-up capital
Rs 1.00 L
CIN
U74900KA2015FTC082114
Registered office
No.23, 1st Floor, Leela Galleria, The Leela Palace, HAL Airport Road,Bangalore,Bangalore,Karnataka,560008-India
Company registry · MCA data as on 12 Jun 2026. Capital figures are shown separately from the wind-down financials.

Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error

Keep exploring.

See other companies in the voluntary liquidation register.

All voluntary liquidations