Kiepe Electric India 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 ₹ crore, shown in lakh below ₹1 crore
Where the money went
Share of realisationAmount due to creditors: ₹0. No payout percentage is calculated against zero or negative dues.
All financial figures & reading notes
| Realisation of assets | ₹83.00 L |
|---|---|
| Amount due to creditors | ₹0 |
| Amount paid to creditors | ₹0 |
| Liquidation expenses | ₹83.00 L |
| Surplus to members | ₹0 |
"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 register22 days faster than the median of 618 days across 1,583 completed wind-downs
the median is 9.5%
72% of completed wind-downs returned a surplus to members
above the median realisation of ₹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.
The NCLT order
Read from the document itself
- Bench
- CHANDIGARH BENCH (COURT-II)
- Case number
- CP (IB) No. 84/Chd/Hry/2025
- Order date
- 24 Feb 2026
Dissolved effective order date
What the bench said
The affairs of the Company and its assets have been completely liquidated. Moreover, it is not the case that the proposed liquidation/dissolution of the Applicant Company is going to adversely affect its shareholders/creditors or that such dissolution is contrary to the provisions of any law. No allegation of fraud has been made by any party. Further, there are no creditors, and Regulatory compliance has been duly done.
Statutory observations
The RoC filed its report in compliance with the Order dated 27.05.2025 and stated that no inquiry/inspection/complaint/legal action is pending against the Company.
Why the company wound up
In the order's own words
The Company had not been engaged in any business activities for a very long period of time.
- What it was set up to do
- for conducting business of development, manufacture, and distribution of all kinds of electrical engineering equipment, power and propulsion systems, complementary technical office equipment; maintenance, technical support, testing, installation, commissioning, warranty support and supply of spare parts of all kinds of electronic control, media and communication equipment, as well as power and propulsion systems; the provisions of services, development and implementation of technical and industrial software projects in the areas of automation and control of, inter alia, electronic, mechanical and locomotive equipment; and the provision of services, development and implementation of software projects for information technology as well as computing.
- What it was doing by the end
- Since incorporation, the Applicant Company had applied only for one tender with Integral Coach Factory (ICF), Chennai during the Financial Year 2021 and the tender was not awarded to the Applicant Company. Accordingly, no business activity has been performed in the Applicant Company till date.
The wind-down, stage by stage
10 dated stages
- 12 Jun 2024 Board resolution to wind up
- 8 Jul 2024 Liquidation commenced
- 16 Jul 2024 Public announcement
- 6 Aug 2024 Last date for creditors to claim
- 21 Aug 2024 Preliminary report
- 3 Feb 2025 Final report
- 3 Feb 2025 Final report filed with the ROC
- 3 Feb 2025 Final report filed with IBBI
- 24 Feb 2026 NCLT order
- 24 Feb 2026 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 under section 59(8)
- Company class
- Private
- Category
- Company limited by shares
- Sub-category
- Non-government company
- Listing
- Unlisted
- State
- Haryana
- ROC
- ROC Delhi
- Industry
- Manufacturing (Machinery and Equipments)
- PIN
- 121102
- Incorporated
- 4 Jun 2020
- Authorised capital
- ₹2.00 Cr
- Paid-up capital
- ₹1.20 Cr
- Registered office
- 51/4 KM STONE VILLAGE & PO BAGHOLA,PALWAL,Faridabad,Haryana,121102-India
The money, as the order printed it
₹ as stated in the document — not the crore figures above
What the company held
Bank balance of ₹82,99,963/-
Creditors and claims
As the order records them
No claim has been received by the Liquidator from any stakeholder in response to the public announcement made by the Liquidator as on date.
Creditor approval
As per the declaration of solvency, as the company did not have any creditors, consent of the creditors in the meeting was not required as per the provisions of Section 59(3) of the Code for approving the resolution for voluntary winding up the Company.
Litigation and delays
The frictions the order records
Litigation
No litigation is pending against the Applicant Company.
Why it took as long as it did
Due to inadvertent delay, the Liquidator was unable to complete the liquidation within 90 days ... Due to inadvertent delay in appointments of professionals, legal aspects and the pendency of remittance of funds to M/s Knorr-Bremse Systeme Fur Schienenfahrzeuge GmBH, Germany
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.