Manpasand Marketing Pvt Ltd
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
Share of realisationAmount due to creditors: Rs 0. No payout percentage is calculated against zero or negative dues.
All financial figures & reading notes
| Realisation of assets | Rs 2.00 L |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 1.00 L |
| Surplus to members | Rs 1.00 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 register273 days faster 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 1.00 L in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- New Delhi Bench-VI
- Case number
- CP (IB)-203/ND/2023
- Order date
- 14 Dec 2023
Dissolved effective order date
What the bench said
In view of the foregoing steps taken and the satisfaction accorded by the Liquidator by way of the present application, there is no legal impediment in allowing the prayer of the applicant.
Statutory observations
The RoC appeared before this Tribunal and filed its report dated 06.07.2023 wherein they have stated that they do not have any objection in the matter.
The wind-down, stage by stage
6 dated stages
- 2 Jan 2023 Declaration of solvency
- 3 Jan 2023 Liquidation commenced
- 4 Jan 2023 Public announcement
- 20 Mar 2023 Final report
- 14 Dec 2023 NCLT order
- 14 Dec 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
- Under Liquidation
- Company class
- Private
- Category
- Company limited by shares
- Sub-category
- Non-government company
- Listing
- Unlisted
- State
- Delhi
- ROC
- ROC Delhi
- Industry
- Trading
- PIN
- 110048
- Incorporated
- 10 Nov 2005
- Authorised capital
- Rs 2.00 L
- Paid-up capital
- Rs 2.00 L
- CIN
- U51900DL2005PTC363054
- Registered office
- 304,3rd Floor, Bhanot Corner, Pamposh Enclave, Greater Kailash-I,New Delhi,South Delhi,Delhi,110048-India
Directors named in the order
Ashok Sharma · Gopala Krishna Bhat
The money, as the order printed it
Rs as stated in the document — not the crore figures above
What the company held
No other assets of the Corporate Person were left to be realized.
Creditors and claims
As the order records them
The Liquidator did not receive any claim from any stakeholders till the last date as per the public announcement.
Creditor approval
The Applicant Company does not have any Creditors hence their consent is not required as per section 59 (3) of the Code.
Litigation and delays
The frictions the order records
Litigation
There are no pending investigations under Company Act, 2013 or any previous Company Law against the Applicant Company.
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.