Solvent wind-down · IBC Section 59

Kansal Hosiery Exports Limited

U17118DL1985PLC021122 · Company
Dissolved (Liquidated)
Liquidation outcome · IBC s.59
Realisation of assets
₹2.52 Cr
Amount due to creditors
Amount paid to creditors
Liquidation expenses
₹0.44 Cr
Surplus to members
₹2.08 Cr
Time to dissolve
465 days
Commenced
28 May 2018
Dissolved
5 Sep 2019
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, ₹2.08 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved (Liquidated)
Company class
Public
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
3 Jun 1985
Authorised capital
₹50.00 L
Paid-up capital
₹12.04 L
ROC
ROC Delhi
Industry
Manufacturing (Textiles)
PIN
110057
Registered office
E-14/20, Ground Floor, Vasant Vihar,,New Delhi,New Delhi,Delhi,110057-India
Liquidator
ICSI Institute of Insolvency Professiona
IBBI/IPA-002/IP-N00411/2017-2018/11203
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