Solvent wind-down · IBC Section 59
Moneshwar Properties Private Limited
U85110KA1993PTC014294 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹9.31 Cr
Amount due to creditors
₹1.23 Cr
Amount paid to creditors
₹1.23 Cr
Liquidation expenses
₹0.64 Cr
Surplus to members
₹7.44 Cr
Time to dissolve
669 days
Commenced
4 Jan 2021
Dissolved
4 Nov 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, ₹7.44 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
10 May 1993
Authorised capital
₹50.00 L
Paid-up capital
₹35.00 L
ROC
ROC Bangalore
Industry
Community, personal and Social Services
PIN
560080
Registered office
SATTVAQUEST,NO.222/14,5THMAINROAD,SADASHIVNAGAR,BELLARYROAD,,BANGALORE,Karnataka,560080-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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