Kamakooti Agencies 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 0. No payout percentage is calculated against zero or negative dues.
All financial figures & reading notes
| Realisation of assets | Rs 91.00 L |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 2.00 L |
| Surplus to members | Rs 88.00 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 register274 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 88.00 L in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- Chennai, Division Bench - II
- Case number
- CP(IB)/138(CHE)2023
- Order date
- 11 Aug 2023
Dissolved effective order date
What the bench said
The affairs of the Company have been completely wound up and the assets of the Petitioner Company have been completely liquidated and as such the Company deserves to be dissolved.
Why the company wound up
In the order's own words
Since the Company had no business operations
- What it was set up to do
- To carry on the business of all types of agencies for purchase, hire/sale of any type or kind of movable properties or immovable properties besides services and also to act as agent for banks, Government and other Authorities in connection with grant of loans and securities etc.
- What it was doing by the end
- The Company had no business operations
The wind-down, stage by stage
8 dated stages
- 24 Aug 2022 Board resolution to wind up
- 25 Aug 2022 Declaration of solvency
- 1 Sep 2022 Liquidation commenced
- 5 Sep 2022 Public announcement
- 1 Oct 2022 Last date for creditors to claim
- 12 Oct 2022 Preliminary report
- 11 Aug 2023 NCLT order
- 11 Aug 2023 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
- Non-government company
- Listing
- Unlisted
- State
- Tamil Nadu
- ROC
- ROC Chennai
- Industry
- Finance
- PIN
- 600078
- Incorporated
- 31 Dec 2003
- Authorised capital
- Rs 1.00 L
- Paid-up capital
- Rs 1.00 L
- CIN
- U67200TN2003PTC052246
- Registered office
- PLOT NO.590, NEW NO.30, ALAGIRISAMY SALAI, K.K. NAGAR,,CHENNAI,Tamil Nadu,600078-India
Shareholding as the order states it
| Member | Shares | % |
|---|---|---|
| P.Venkatraman | 3000 | 30 |
| P.Krishnan | 3000 | 30 |
| S.Dharmambal | 2200 | 22 |
| V.Meenakshi | 200 | 2 |
| P.Ramachandran | 200 | 2 |
| P.Narasimhan | 200 | 2 |
| K.U.N. Gangadharan | 200 | 2 |
| R.Rajalakshmi | 400 | 4 |
| N.Jayalakshmi | 200 | 2 |
| V.Annapoorna | 200 | 2 |
| W.Anuradha | 200 | 2 |
The money, as the order printed it
Rs as stated in the document — not the crore figures above
- Total receipts
- Rs 91.30 L
- Total payments
- Rs 91.30 L
- Liquidation cost
- Rs 2.62 L
Receipts
| Cash / Bank balance | Rs 90.94 L |
|---|---|
| Refund from Statutory Authorities | Rs 35,708 |
Payments
| Liquidation Cost (Sec. 53(1)(a)) | Rs 2.62 L |
|---|---|
| Any remaining Debts and Dues [Sec. 53(1)(f)] | Rs 50,000 |
| Equity Shareholders [Sec. 53(1)(h)] | Rs 88.18 L |
Distributed to members
| Equity Shareholders | Rs 88.18 L |
|---|
Section 53 of IBC, 2016
Unclaimed proceeds
Nil
Creditors and claims
As the order records them
No claims were received from any of the third-party stakeholders/workers/employees/creditors till the last date of submission of claims.
Creditor approval
Creditor's approval was obtained for the voluntary liquidation on 01.09.2022
Litigation and delays
The frictions the order records
Litigation
None
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.