Solvent wind-down · IBC Section 59
Malabar Organics Ltd
U24119KL1986PLC004576 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹0.32 Cr
Amount due to creditors
₹0.07 Cr
Amount paid to creditors
₹0.07 Cr
Liquidation expenses
₹0.07 Cr
Surplus to members
₹0.19 Cr
Time to dissolve
582 days
Commenced
17 Mar 2022
Dissolved
20 Oct 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.
Here, ₹0.19 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved
Company class
Public
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
16 Oct 1986
Authorised capital
₹5.00 Cr
Paid-up capital
₹2.38 Cr
ROC
ROC Ernakulam
Industry
Manufacturing (Metals and Chemicals, and products thereof)
PIN
673325
Registered office
13/334, HILL BAZAR, MOODADI NORTH,KOYILANDY,Kozhikode,Kerala,673325-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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