Solvent wind-down · IBC Section 59

KWS Research and Development Pvt. Ltd.

U01403TG2015PTC098464 · Company
Dissolved (Liquidated)
Liquidation outcome · IBC s.59
Realisation of assets
₹1.37 Cr
Amount due to creditors
₹0.14 Cr
Amount paid to creditors
₹0.14 Cr
Liquidation expenses
₹0.06 Cr
Surplus to members
₹1.17 Cr
Time to dissolve
470 days
Commenced
27 Nov 2017
Dissolved
12 Mar 2019
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, ₹1.17 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
15 Apr 2015
Authorised capital
₹1.30 Cr
Paid-up capital
₹1.30 Cr
ROC
ROC Hyderabad
Industry
Agriculture and Allied Activities
PIN
500003
Registered office
DBS Business Center, DBS House, 1-7-43 to 46, S.P. Road,Secunderabad,Hyderabad,Telangana,500003-India
Liquidator
ICSI Institute of Insolvency Professiona
IBBI/IPA-002/IP-N00045/2016-2017/10084
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