KKNT First Main 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
Share of realisationAmount due to creditors: Rs 0. No payout percentage is calculated against zero or negative dues.
All financial figures & reading notes
| Realisation of assets | Rs 2.00 L |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 2.00 L |
| Surplus to members | Rs 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 register376 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.
The NCLT order
Read from the document itself
- Bench
- Bengaluru Bench, Bengaluru
- Case number
- C.P. (IB) No.07/BB/2025
- Order date
- 30 May 2025
Applicant Company KKNT First Main Private Limited is dissolved forthwith and C.P. (IB) No. 07/BB/2025 is allowed.
What the bench said
The affairs of the Applicant/Corporate Person have been completely wound up and the assets have been completely liquidated and as such the Applicant Company deserves to be dissolved.
Statutory observations
ROC, Karnataka filed its Status Report that no enquiry/inspection/complaint/legal action is pending and Liquidator filed an affidavit stating compliance with the provisions of Companies Act.
Why the company wound up
In the order's own words
Voluntary liquidation under Section 59 of the Insolvency and Bankruptcy Code, 2016
- What it was set up to do
- To carry on the business of designing, developing, exporting, importing, consultancy and training in all kinds of software, hardware, systems, programs, products, applications and services, for all purposes including but not limited to business process outsource units, knowledge process outsource units, call centres, date centres, etc.
The wind-down, stage by stage
12 dated stages
- 18 Sep 2024 Board resolution to wind up
- 25 Sep 2024 Declaration of solvency
- 30 Sep 2024 Liquidation commenced
- 3 Oct 2024 Public announcement
- 30 Oct 2024 Last date for creditors to claim
- 14 Nov 2024 Preliminary report
- 24 Dec 2024 Final report
- 24 Dec 2024 Final report filed with the ROC
- 24 Dec 2024 Final report filed with IBBI
- 31 Dec 2024 Dissolution application filed
- 30 May 2025 NCLT order
- 30 May 2025 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
- Karnataka
- ROC
- ROC Bangalore
- Industry
- Business Services
- PIN
- 560034
- Incorporated
- 20 Oct 2017
- Authorised capital
- Rs 25.00 L
- Paid-up capital
- Rs 11.13 L
- CIN
- U72900KA2017PTC107342
- Registered office
- 2nd Floor of # 570/571, 1st Cross, 3rd Block Koramangala,Bangalore,Bangalore,Karnataka,560034-India
The money, as the order printed it
Rs as stated in the document — not the crore figures above
- Total receipts
- Rs 1.79 L
- Total payments
- Rs 1.79 L
- Liquidator fee
- Rs 1.08 L
Receipts
| Transfer from Company to the new liquidation account | Rs 1.79 L |
|---|
Payments
| Liquidator Fees (TDS) | Rs 1.08 L |
|---|---|
| Publication Expenses | Rs 23,274 |
| Audit Fee | Rs 29,500 |
| Filing Fee and Expenses | Rs 6,254 |
| TDS Payment | Rs 12,000 |
Creditors and claims
As the order records them
None however was received, therefore the liquidator has prepared a list of NIL claims
Litigation and delays
The frictions the order records
Litigation
No enquiry/inspection/ complaint/legal action is pending against the Applicant Company.
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.