We use a session cookie and first-party analytics to run this site — no third-party trackers, no ads. Details in our Privacy Policy.
RESEARCH From the Research Desk — The sub-Rs 100 crore acquisition market, sized. Read it →
Voluntary liquidation · IBC s.59

Kansal Hosiery Exports Limited

CIN · U17118DL1985PLC021122 Company Delhi MCA · Dissolved (Liquidated)

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

Process record Dissolution recorded

5 Sep 2019

View process timeline

What did the wind-down return?

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

Assets realised
Rs 2.52 Cr
Value realised from assets
Paid to creditors
Not reported
Creditor payout recorded
Surplus to members
Rs 2.08 Cr
Reported surplus amount

Where the money went

Reported amounts
Some financial figures are missing. A complete proceeds split is not available.
CreditorsNot reported
ExpensesRs 44.00 L
MembersRs 2.08 Cr

Creditor dues are not reported, so the payout cannot be assessed against them.

All financial figures & reading notes
Amounts as recorded for this voluntary liquidation
Realisation of assetsRs 2.52 Cr
Amount due to creditorsNot reported
Amount paid to creditorsNot reported
Liquidation expensesRs 44.00 L
Surplus to membersRs 2.08 Cr

"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 dissolve465 days

153 days faster than the median of 618 days across 1,597 completed wind-downs

Cost of the wind-down17.5% of realisation

the median is 9.5%

Surplus returnedYes

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

SizeRs 2.52 Cr

above 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. Here, Rs 2.08 Cr in surplus was returned to members.

The wind-down, stage by stage

2 dated stages

465 days to dissolve
  1. 28 May 2018 Liquidation commenced
  2. 5 Sep 2019 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
Public
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
State
Delhi
ROC
ROC Delhi
Industry
Manufacturing (Textiles)
PIN
110057
Incorporated
3 Jun 1985
Authorised capital
Rs 50.00 L
Paid-up capital
Rs 12.04 L
CIN
U17118DL1985PLC021122
Registered office
E-14/20, Ground Floor, Vasant Vihar,,New Delhi,New Delhi,Delhi,110057-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