Solvent wind-down · IBC Section 59
Karamsad Holdings Limited
U65993GJ1997PLC032514 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹0.49 Cr
Amount due to creditors
—
Amount paid to creditors
—
Liquidation expenses
₹0.05 Cr
Surplus to members
₹0.44 Cr
Time to dissolve
494 days
Commenced
11 Aug 2018
Dissolved
18 Dec 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, ₹0.44 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
16 Jun 1997
Authorised capital
₹1.00 Cr
Paid-up capital
₹35.00 L
ROC
ROC Ahmedabad
Industry
Finance
PIN
388325
Registered office
VITHAL UDYOGNAGAR,KARAMSAD,Ahmedabad,Gujarat,388325-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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