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Solvent wind-down · IBC Section 59

Kruger M and E Industries (India) Private Limited

U29300MH1996PTC103734 · Company
Dissolved under section 59(8)
Liquidation outcome · IBC s.59
Realisation of assets
₹2.25 Cr
Amount due to creditors
₹0.00 Cr
Amount paid to creditors
₹0.00 Cr
Liquidation expenses
₹0.03 Cr
Surplus to members
₹2.22 Cr
Time to dissolve
292 days
Commenced
29 Jul 2022
Dissolved
17 May 2023
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, ₹2.22 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved under section 59(8)
Company class
Private
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
4 Nov 1996
Authorised capital
₹1.50 Cr
Paid-up capital
₹5.00 L
ROC
ROC Mumbai
Industry
Manufacturing (Machinery and Equipments)
PIN
421601
Registered office
Gut No -329A, 330,332,333A,333B,336B & 336C Village-Kalamgaon, Tal- Shahapur,Shahapur,Thane,Maharashtra,421601-India
Liquidator
Indian Institute of Insolvency Professio
IBBI/IPA-001/IP-P01162/2018-2019/11915
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