Voluntary liquidation · IBC s.59

Lotte Data Communication R&D Center India LLP

CIN · AAQ1848 LLP 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

9 Dec 2022

View process timeline

What did the wind-down return?

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

Assets realised

Rs 2.09 Cr

Value realised from assets

Paid to creditors

Rs 4.00 L

100.0% of reported dues

Surplus to members

Rs 1.99 Cr

Reported surplus amount

Where the money went

Share of realisation

Creditors · 1.9%Rs 4.00 L

Expenses · 2.9%Rs 6.00 L

Members · 95.2%Rs 1.99 Cr

Amount due to creditors: Rs 4.00 L. Reported payout equals 100.0% of dues.

All financial figures & reading notes

Amounts as recorded for this voluntary liquidation
Realisation of assets	Rs 2.09 Cr
Amount due to creditors	Rs 4.00 L
Amount paid to creditors	Rs 4.00 L
Liquidation expenses	Rs 6.00 L
Surplus to members	Rs 1.99 Cr

"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 dissolve413 days

205 days faster than the median of 618 days across 1,597 completed wind-downs

Cost of the wind-down2.9% of realisation

the median is 9.5%

Surplus returnedYes

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

SizeRs 2.09 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. Here, Rs 1.99 Cr in surplus was returned to members.

The wind-down, stage by stage

2 dated stages

413 days to dissolve

22 Oct 2021 Liquidation commenced
9 Dec 2022 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)
ROC: ROC Chennai
Industry: Business Services
Incorporated: 6 Aug 2019
CIN: AAQ1848
Registered office: 5th Floor, 4/169, Rajiv Gandhi Salai (OMR Road), Kandanchavadi,Chennai,Chennai,Tamil Nadu,India-600096

Company registry · MCA data as on 12 Jun 2026. Capital figures are shown separately from the wind-down financials.

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

Keep exploring.

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