Solvent wind-down · IBC Section 59
MMD India Private Limited
U27209TN1988PTC015496 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹0.15 Cr
Amount due to creditors
—
Amount paid to creditors
—
Liquidation expenses
₹0.03 Cr
Surplus to members
₹0.12 Cr
Time to dissolve
564 days
Commenced
11 Sep 2020
Dissolved
29 Mar 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, ₹0.12 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved (Liquidated)
Company class
Private
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
21 Mar 1988
Authorised capital
₹10.00 L
Paid-up capital
₹10.00 L
ROC
ROC Chennai
Industry
Manufacturing (Metals and Chemicals, and products thereof)
PIN
600034
Registered office
No.4 (Old no.59) Josier Street Nungambakkam,Chennai,Tamil Nadu,600034-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
Request access →