Solvent wind-down · IBC Section 59

LF Financial Services Private Limited

U65990DL2020FTC362642 · Company
Under Liquidation
Liquidation outcome · IBC s.59
Realisation of assets
₹1.72 Cr
Amount due to creditors
Amount paid to creditors
Liquidation expenses
₹0.05 Cr
Surplus to members
₹1.67 Cr
Time to dissolve
162 days
Commenced
13 Jul 2022
Dissolved
22 Dec 2022
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
Under Liquidation
Company class
Private
Category
Company limited by shares
Sub-category
subsidiary of company incorporated outside India
Listing
Unlisted
Incorporated
6 Mar 2020
Authorised capital
₹4.00 Cr
Paid-up capital
₹3.00 Cr
ROC
ROC Delhi
Industry
Finance
PIN
110009
Registered office
F-2/5 Model Town - II,DELHI,New Delhi,Delhi,110009-India
Liquidator
ICSI Institute of Insolvency Professiona
IBBI/IPA-002/IP-N00882/2019 -2020/12826
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