Solvent wind-down · IBC Section 59
Lohia Sales and Services Limited
U24139UP1985PLC006983 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹0.49 Cr
Amount due to creditors
₹0.00 Cr
Amount paid to creditors
₹0.00 Cr
Liquidation expenses
₹0.03 Cr
Surplus to members
₹0.46 Cr
Time to dissolve
873 days
Commenced
24 Mar 2022
Dissolved
13 Aug 2024
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, ₹0.46 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved under section 59(8)
Company class
Public
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
31 Jan 1985
Authorised capital
₹3.00 Cr
Paid-up capital
₹5.00 L
ROC
ROC Kanpur
Industry
Manufacturing (Metals and Chemicals, and products thereof)
PIN
208022
Registered office
D-3A PANKIINDUSTRIAL ESTATE KANPUR,UTTAR PRADESH,Uttar Pradesh,208022-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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