Maanchet Machine (India) Private Limited
The wind-down at a glance. Follow the recorded outcome, financials and people behind this company.
What did the wind-down return?
Reported financials Rs crore, shown in lakh below Rs 1 crore
Where the money went
Reported amountsCreditor dues are not reported, so the payout cannot be assessed against them.
All financial figures & reading notes
| Realisation of assets | Rs 31.00 L |
|---|---|
| Amount due to creditors | Not reported |
| Amount paid to creditors | Not reported |
| Liquidation expenses | Rs 1.00 L |
| Surplus to members | Rs 30.00 L |
"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 register568 days slower than the median of 618 days across 1,597 completed wind-downs
the median is 9.5%
72% of completed wind-downs returned a surplus to members
below the median realisation of Rs 66.00 L
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 30.00 L in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- DIVISION BENCH - I, CHENNAI
- Case number
- CP/IB/59/CHE/2021
- Order date
- 13 Feb 2023
Dissolved effective order date
What the bench said
the affairs of the Company have been completely wound up and the assets of the Applicant Company have been completely liquidated
Why the company wound up
In the order's own words
No feasible business operations
- What it was set up to do
- To trade in biscuit/bread making machineries, bakery ovens and other spare parts, etc.
- What it was doing by the end
- Stopped its commercial operations owing to no feasible business operations.
The wind-down, stage by stage
8 dated stages
- 15 Nov 2019 Liquidation commenced
- 16 Nov 2019 Public announcement
- 15 Dec 2019 Last date for creditors to claim
- 18 Sep 2020 Final report filed with the ROC
- 18 Sep 2020 Final report filed with IBBI
- 10 Dec 2020 Final report
- 13 Feb 2023 NCLT order
- 13 Feb 2023 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
- Private
- Category
- Company limited by shares
- Sub-category
- Non-government company
- Listing
- Unlisted
- State
- Tamil Nadu
- ROC
- ROC Coimbatore
- Industry
- Manufacturing (Machinery and Equipments)
- PIN
- 641035
- Incorporated
- 21 May 2004
- Authorised capital
- Rs 10.00 L
- Paid-up capital
- Rs 6.75 L
- CIN
- U29142TZ2004PTC011152
- Registered office
- SITE NO 8 SF NO 213 SITRAKALAPATTI ROAD KALAPATTI POST,COIMBATORE,Tamil Nadu,641035-India
The money, as the order printed it
Rs as stated in the document — not the crore figures above
Distributed to members
| A basker | Rs 2.96 L |
|---|---|
| Jane basker | Rs 48 |
| K Raja Rabbi Dav | Rs 5.94 L |
| R Rajalakshmi | Rs 5.93 L |
Creditors and claims
As the order records them
The Liquidator has not received any claims during the process of liquidation till the last date of receipt of claims
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.