Solvent wind-down · IBC Section 59
Mascot Cement (India) Private Limited
U26940GJ2016PTC092168 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹3.99 Cr
Amount due to creditors
₹3.97 Cr
Amount paid to creditors
₹3.97 Cr
Liquidation expenses
₹0.02 Cr
Surplus to members
₹0.00 Cr
Time to dissolve
723 days
Commenced
16 Dec 2023
Dissolved
8 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
25 May 2016
Authorised capital
₹4.95 Cr
Paid-up capital
₹4.90 Cr
ROC
ROC Ahmedabad
Industry
Manufacturing (Metals and Chemicals, and products thereof)
PIN
360004
Registered office
HOUSE NAME GELMA KRUPA NO.2,UDAYNAGAR, MAVDI MAIN ROAD,NEAR YES COLLECTION,RAJKOT,Rajkot,Gujarat,360004-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
Request access →