Solvent wind-down · IBC Section 59
Locopoco Technology Ventures Private Ltd.
U74900KA2016PTC086197 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹2.46 Cr
Amount due to creditors
—
Amount paid to creditors
—
Liquidation expenses
₹0.05 Cr
Surplus to members
₹2.41 Cr
Time to dissolve
539 days
Commenced
24 Nov 2017
Dissolved
17 May 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, ₹2.41 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
16 Feb 2016
Authorised capital
₹10.00 L
Paid-up capital
₹4.52 L
ROC
ROC Bangalore
Industry
Business Services
PIN
560095
Registered office
2nd and 3rd floor, No.9, 17th 'A' Main Road, Koramangala,Bengaluru,Bangalore,Karnataka,560095-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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