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Solvent wind-down · IBC Section 59

Memoir Systems India Private Limited

U72200TG2011FTC072226 · Company
Under Liquidation
Liquidation outcome · IBC s.59
Realisation of assets
₹0.52 Cr
Amount due to creditors
Amount paid to creditors
Liquidation expenses
₹0.12 Cr
Surplus to members
₹0.40 Cr
Time to dissolve
815 days
Commenced
10 Feb 2020
Dissolved
5 May 2022
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, ₹0.40 Cr in surplus was returned to members.
Company · MCA master
MCA status
Under Liquidation
Company class
Private
Category
Company limited by shares
Sub-category
subsidiary of company incorporated outside India
Listing
Unlisted
Incorporated
13 Jan 2011
Authorised capital
₹5.00 L
Paid-up capital
₹1.00 L
ROC
ROC Hyderabad
Industry
Business Services
PIN
500081
Registered office
1-98/9/3/46 & 47, PLOT NO.15&16, NEAR IMAGE GARDEN FUNCTION HALL, SILICON VALLEY, MADHAPUR,HYDERABAD,Telangana,500081-India
Liquidator
ICSI Institute of Insolvency Professiona
IBBI/IPA-002/IP-N00145/2017-2018/10436
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