Solvent wind-down · IBC Section 59
Mohan Woolen Mills Ltd.
U17119KA1977PLC003166 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹0.03 Cr
Amount due to creditors
₹0.01 Cr
Amount paid to creditors
₹0.01 Cr
Liquidation expenses
₹0.01 Cr
Surplus to members
₹0.02 Cr
Time to dissolve
319 days
Commenced
23 Jul 2018
Dissolved
7 Jun 2019
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, ₹0.02 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved (Liquidated)
Company class
Public
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
9 Jun 1977
Authorised capital
₹3.25 Cr
Paid-up capital
₹2.34 Cr
ROC
ROC Bangalore
Industry
Manufacturing (Textiles)
PIN
560080
Registered office
NO 7/4, FIRST CROSS, 8TH MAIN , RMV EXTENTION, SADASHIV NAGAR,BANGALORE,Bangalore,Karnataka,560080-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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