Solvent wind-down · IBC Section 59
Lalit Polymers & Electronics Limited
L32109DL1984PLC316708 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹0.30 Cr
Amount due to creditors
—
Amount paid to creditors
—
Liquidation expenses
₹0.13 Cr
Surplus to members
₹0.17 Cr
Time to dissolve
179 days
Commenced
5 Sep 2019
Dissolved
2 Mar 2020
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, ₹0.17 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved (Liquidated)
Company class
Public
Category
Company limited by shares
Sub-category
Non-government company
Listing
Listed
Incorporated
18 Apr 1984
Authorised capital
₹9.50 Cr
Paid-up capital
₹7.30 Cr
ROC
ROC Delhi
Industry
Manufacturing (Machinery and Equipments)
PIN
110016
Registered office
A-9A, Green Park Main,New Delhi,South Delhi,Delhi,110016-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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