Solvent wind-down · IBC Section 59
Magma Metal Private Limited
U27109AP2005PTC045359 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹0.16 Cr
Amount due to creditors
₹0.08 Cr
Amount paid to creditors
₹0.08 Cr
Liquidation expenses
₹0.08 Cr
Surplus to members
₹0.00 Cr
Time to dissolve
274 days
Commenced
28 Jun 2022
Dissolved
29 Mar 2023
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.
Creditor dues were met with no surplus remaining after costs.
Company · MCA master
MCA status
Dissolved under section 59(8)
Company class
Private
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
14 Feb 2005
Authorised capital
₹45.00 L
Paid-up capital
₹1.00 L
ROC
ROC Vijayawada
Industry
Manufacturing (Metals and Chemicals, and products thereof)
PIN
530046
Registered office
F - 6 & F - 7, PHASE II, VSEZ DUVVADA,VISAKHAPATNAM,Andhra Pradesh,530046-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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