Solvent wind-down · IBC Section 59

Mahashakti Polycoat Private Limited

U25202GJ2011PTC064131 · Company
Dissolved under section 59(8)
Liquidation outcome · IBC s.59
Realisation of assets
₹0.25 Cr
Amount due to creditors
₹0.25 Cr
Amount paid to creditors
₹0.25 Cr
Liquidation expenses
₹0.01 Cr
Surplus to members
₹0.00 Cr
Time to dissolve
768 days
Commenced
2 Nov 2023
Dissolved
9 Dec 2025
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
21 Feb 2011
Authorised capital
₹25.00 L
Paid-up capital
₹25.00 L
ROC
ROC Ahmedabad
Industry
Manufacturing (Metals and Chemicals, and products thereof)
PIN
380002
Registered office
C/12 1ST FLOOR, SUMEL BUSINESS PARK, B/H NEW CLOTH MARKET, SARANGPUR,,AHMEDABAD,Gujarat,380002-India
Liquidator
ICSI Institute of Insolvency Professiona
IBBI/IPA-002/IP-N00827/2019 -2020/12627
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