Solvent wind-down · IBC Section 59

Keren Polyplast India Limited

U25200DL2011PLC221201 · Company
Dissolved under section 59(8)
Liquidation outcome · IBC s.59
Realisation of assets
₹1.14 Cr
Amount due to creditors
₹0.04 Cr
Amount paid to creditors
₹0.04 Cr
Liquidation expenses
₹0.02 Cr
Surplus to members
₹1.09 Cr
Time to dissolve
388 days
Commenced
29 Jul 2023
Dissolved
20 Aug 2024
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, ₹1.09 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved under section 59(8)
Company class
Public
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
21 Jun 2011
Authorised capital
₹1.00 Cr
Paid-up capital
₹68.13 L
ROC
ROC Delhi
Industry
Manufacturing (Metals and Chemicals, and products thereof)
PIN
110087
Registered office
RR-12, GROUND FLOOR, MIANWALI NAGAR, NEAR PEERAGARHI CHOWK,DELHI,Delhi,110087-India
Liquidator
ICSI IIP
IBBI/IPA-002/IP-N00344/2017-2018/10994
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