Solvent wind-down · IBC Section 59
MGI Group India Private Limited
U74120MH2012FTC225958 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹3.94 Cr
Amount due to creditors
—
Amount paid to creditors
—
Liquidation expenses
₹0.52 Cr
Surplus to members
₹3.41 Cr
Time to dissolve
876 days
Commenced
8 May 2018
Dissolved
30 Sep 2020
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, ₹3.41 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved (Liquidated)
Company class
Private
Category
Company limited by shares
Sub-category
subsidiary of company incorporated outside India
Listing
Unlisted
Incorporated
12 Jan 2012
Authorised capital
₹3.00 Cr
Paid-up capital
₹2.51 Cr
ROC
ROC Mumbai
Industry
Business Services
PIN
400051
Registered office
Platina, Unit No. 704, 7th Floor, Plot No. C 59, G-Block, Bandra Kurla Complex, Bandra- E,ast,Mumbai,Mumbai City,Maharashtra,400051-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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