Solvent wind-down · IBC Section 59

Micro Metacut Pvt Ltd

U29220KA1978PTC003414 · Company
Dissolved under section 59(8)
Liquidation outcome · IBC s.59
Realisation of assets
₹4.71 Cr
Amount due to creditors
₹0.02 Cr
Amount paid to creditors
₹0.02 Cr
Liquidation expenses
₹0.07 Cr
Surplus to members
₹4.63 Cr
Time to dissolve
1,101 days
Commenced
25 Jun 2022
Dissolved
30 Jun 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. Here, ₹4.63 Cr in surplus was returned to members.
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 Nov 1978
Authorised capital
₹3.00 L
Paid-up capital
₹2.70 L
ROC
ROC Bangalore
Industry
Manufacturing (Machinery and Equipments)
PIN
560052
Registered office
NO 2, 2ND FLOOR, R.R. CHAMBERS, 11TH MAIN, VASANTHNAGAR,,BANGALORE,Bangalore,Karnataka,560052-India
Liquidator
Indian Institute of Insolvency Professio
IBBI/IPA-001/IP-P00411/2017-2018/10727
View full RP profile →

Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.

Request access →
← All voluntary liquidations