Solvent wind-down · IBC Section 59
Kumaran Hi-Tech Private Limited
U02922KA2002PTC030716 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹2.18 Cr
Amount due to creditors
—
Amount paid to creditors
—
Liquidation expenses
₹0.51 Cr
Surplus to members
₹1.67 Cr
Time to dissolve
546 days
Commenced
10 Jun 2020
Dissolved
8 Dec 2021
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, ₹1.67 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved (Liquidated)
Company class
Private
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
2 Jul 2002
Authorised capital
₹5.00 L
Paid-up capital
₹5.00 L
ROC
ROC Bangalore
Industry
Agriculture and Allied Activities
PIN
560044
Registered office
NO. A-92/2, RAJAJINAGARINDUSTRIAL ESTATE, BANGALORE.,BANGALORE.,Karnataka,560044-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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