KHF Components 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
Reported amountsCreditor dues are not reported, so the payout cannot be assessed against them.
All financial figures & reading notes
| Realisation of assets | Rs 47.00 L |
|---|---|
| Amount due to creditors | Not reported |
| Amount paid to creditors | Not reported |
| Liquidation expenses | Rs 25.00 L |
| Surplus to members | Rs 22.00 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 register168 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
below 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 22.00 L in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- BENGALURU BENCH, BENGALURU
- Case number
- CP (IB) No. 120/BB/2021
- Order date
- 8 Jun 2022
Dissolved with effect from the date of the present order.
What the bench said
The affairs of the Corporate Person have been completely wound up and its assets were liquidated and nothing remains to be liquidated. Thus, the compliances of Section 59 and other relevant provisions of the IBC, 2016 r/w. IBBI (Voluntary Liquidation Process) Regulations, 2017 have been made within 12 months from the date of commencement of the liquidation proceedings.
Statutory observations
The IT Department has not raised any demand in the report.
Why the company wound up
In the order's own words
- What it was set up to do
- To carry on business as manufacturers, fabricators, assemblers, constructors, erectors, hires, exporters, importers, buyers, sellers and dealers in plant, machines, equipment, accessories, instruments, appliances, apparatus, utensils and tools of all kinds and description whatsoever, as may be required in civil, electrical, mechanical, metallurgical, automobile, marine, chemical and other branches of engineering and to provide all types of services in connection therewith including making of surveys and reports thereon, and preparing designs, making estimates, preparing evaluations and economics studies.
The wind-down, stage by stage
10 dated stages
- 19 Feb 2021 Board resolution to wind up
- 15 Mar 2021 Liquidation commenced
- 17 Mar 2021 Public announcement
- 15 Apr 2021 Last date for creditors to claim
- 22 Apr 2021 Preliminary report
- 26 Oct 2021 Final report
- 26 Oct 2021 Final report filed with the ROC
- 28 Oct 2021 Final report filed with IBBI
- 8 Jun 2022 NCLT order
- 8 Jun 2022 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
- Private
- Category
- Company limited by shares
- Sub-category
- Non-government company
- Listing
- Unlisted
- State
- Karnataka
- ROC
- ROC Bangalore
- Industry
- Manufacturing (Machinery and Equipments)
- PIN
- 560042
- Incorporated
- 11 Dec 2000
- Authorised capital
- Rs 5.50 Cr
- Paid-up capital
- Rs 5.02 Cr
- CIN
- U29199KA2000PTC028257
- Registered office
- #303, Fair Haven Apartments No. 2, St. Johns Road,Bangalore,Bangalore,Karnataka,560042-India
The money, as the order printed it
Rs as stated in the document — not the crore figures above
- Total receipts
- Rs 47.04 L
- Total payments
- Rs 47.04 L
Receipts
| Opening Bank Balance In current Accounts -SBI | Rs 18.73 L |
|---|---|
| Opening Bank Balance In current Accounts -BOT | Rs 28.32 L |
Payments
| Advertisement | Rs 15,120 |
|---|---|
| Travelling & Conveyance | Rs 5,000 |
| Expenses | Rs 6,016 |
| Filing Fees | Rs 1.44 L |
| Record Storage Charges | Rs 50,028 |
| PF Expenses | Rs 900 |
| Interest on ESI | Rs 9 |
| Auditors Remuneration | Rs 40,000 |
| Remuneration/Salary | Rs 1.45 L |
| Stationery purchase | Rs 12,545 |
| Out of pocket expenses for surrendering PI Enrolment & PT Registration | Rs 9,000 |
| TDS Filing Fee | Rs 100 |
| Postage & Courier Expenses | Rs 1,195 |
| Income Tax Outstanding Demand Payment | Rs 20 |
| Outstanding Expense Re.im. Paid | Rs 1,400 |
| Outstanding TDS Paid | Rs 4,881 |
| Cheques issued prior to 15.03.2021 encashed post 15.03.2021 | Rs 2.11 L |
| Payment towaids Capital Repatriation FMC CO.LTD | Rs 22.02 L |
Distributed to members
| FMC CO.LTD | Rs 22.02 L |
|---|
Capital Repatriation
Creditors and claims
As the order records them
The liquidator received the claims from two shareholders.
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.