We use a session cookie and first-party analytics to run this site — no third-party trackers, no ads. Details in our Privacy Policy.
RESEARCH From the Research Desk — The sub-Rs 100 crore acquisition market, sized. Read it →
Voluntary liquidation · IBC s.59

Lloyd Rockfibres Limited

CIN · U20293DL1989PLC218564 Company Delhi MCA · Dissolved under section 59(8)

The wind-down at a glance. Follow the recorded outcome, financials and people behind this company.

Process record Dissolution recorded

7 Apr 2026

View process timeline

What did the wind-down return?

Reported financials Rs crore, shown in lakh below Rs 1 crore

Assets realised
Rs 1.15 Cr
Value realised from assets
Paid to creditors
Rs 90.00 L
100.0% of reported dues
Surplus to members
Rs 0
A zero surplus is recorded

Where the money went

Share of realisation
Creditors · 78.3%Rs 90.00 L
Expenses · 21.7%Rs 25.00 L
Members · 0.0%Rs 0

Amount due to creditors: Rs 90.00 L. Reported payout equals 100.0% of dues.

All financial figures & reading notes
Amounts as recorded for this voluntary liquidation
Realisation of assetsRs 1.15 Cr
Amount due to creditorsRs 90.00 L
Amount paid to creditorsRs 90.00 L
Liquidation expensesRs 25.00 L
Surplus to membersRs 0

"Not reported" means no figure is available. A reported zero is shown as zero. Registry capital further down the page is separate from liquidation proceeds, and so are any figures read from the NCLT order.

Where this wind-down sits

against every completed s.59 on the register
Time to dissolve920 days

302 days slower than the median of 618 days across 1,597 completed wind-downs

Cost of the wind-down21.7% of realisation

the median is 9.5%

Surplus returnedNo

72% of completed wind-downs returned a surplus to members

SizeRs 1.15 Cr

above the median realisation of Rs 66.00 L

Reading this record

This is a voluntary liquidation under IBC Section 59 — a solvent company choosing to wind up. Creditors are paid in full and costs met before any surplus returns to members; there is no haircut and no acquirer. Read assets realised, creditor payments, expenses and members' surplus separately. Creditor dues were met with no surplus remaining after costs.

The NCLT order

Read from the document itself

Bench
NEW DELHI, COURT-IV
Case number
IB/471/ND/2025
Order date
7 Apr 2026

Dissolved with effect from the date of pronouncement of this order.

What the bench said

The Liquidator has duly performed his duties and completed necessary formalities to complete the liquidation process. No adverse comments received from statutory authority or public. Affairs completely wound up and assets completely liquidated.

Statutory observations

The ROC in its report dated 7th October 2025 have stated that no inquiry / inspection / complaint /legal action is pending against the subject company

7 Apr 2026 · IB/471/ND/2025 · 6 pages Read the order

Why the company wound up

In the order's own words

What it was set up to do
manufacturers, dealers, merchants, erectors, exporters, distributors and to act as and appoint agents for the sale of mineral wool, rock wool, glass wools, slag wool, acoustic materials, tiles, polyurethane foam, mastics, lamination and corrugation and fabrication of aluminum sheets, spray mineral fiber, brown bitumen, coaltar, enamel, foam glass and all other allied products used for insulation, waterproofing and acoustic treatment

The wind-down, stage by stage

10 dated stages

920 days to dissolve
  1. 4 Sep 2023 Board resolution to wind up
  2. 4 Sep 2023 Declaration of solvency
  3. 30 Sep 2023 Liquidation commenced
  4. 4 Oct 2023 Public announcement
  5. 10 Nov 2023 Preliminary report
  6. 31 Jul 2025 Final report
  7. 31 Jul 2025 Final report filed with the ROC
  8. 31 Jul 2025 Final report filed with IBBI
  9. 7 Apr 2026 NCLT order
  10. 7 Apr 2026 Dissolved

Green marks a date from the IBBI register; blue marks a date read from an NCLT order.

The company behind the record

Identity, registration and capital

MCA status
Dissolved under section 59(8)
Company class
Public
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
State
Delhi
ROC
ROC Delhi
Industry
Manufacturing (Wood Products)
PIN
110019
Incorporated
6 Oct 1989
Authorised capital
Rs 11.25 Cr
Paid-up capital
Rs 1.11 Crorder says Rs 11.09 Cr
CIN
U20293DL1989PLC218564
Registered office
PLOT NO. 2, PUNJSONS PREMISES KALKAJI INDUSTRIAL AREA,NEW DELHI,Central Delhi,Delhi,110019-India
Company registry · MCA data as on 12 Jun 2026. Capital figures are shown separately from the wind-down financials.

The money, as the order printed it

Rs as stated in the document — not the crore figures above

What the company held

there were no assets to be realized at the time of commencement of realization liquidation, and there were only cash and cash-equivalent

Unclaimed proceeds

The undistributed proceeds of the funds available with the liquidator were deposited in the Corporate Voluntary Liquidation Account maintained with IBBI

These are the figures the NCLT order prints, in rupees. The crore figures higher up the page come from IBBI's outcome file. They are different measurements from different sources and are shown separately on purpose — the Cr/Lakh switch does not touch them.

Creditors and claims

As the order records them

No claims were received pursuant to the public announcements made.

Creditor approval

The creditors of the company provided the NOC for the initiation of this voluntary liquidation process on 3rd October 2023.

Litigation and delays

The frictions the order records

Litigation

no inquiry / inspection / complaint /legal action is pending against the subject company

Why it took as long as it did

1. Substantial effort to identify shareholders who had not submitted claims. 2. Management experienced delays in providing certain approvals. 3. Closure of erstwhile bank account exceeded anticipated timeframe. 4. Public shareholders did not file claims despite multiple announcements.

Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error

Keep exploring.

See other companies in the voluntary liquidation register.

All voluntary liquidations