Solvent wind-down · IBC Section 59

Moog EM Solutions (India) Private Limited

U29304KA2017FTC107124 · Company
Under Liquidation
Liquidation outcome · IBC s.59
Realisation of assets
₹1.38 Cr
Amount due to creditors
₹0.07 Cr
Amount paid to creditors
₹0.07 Cr
Liquidation expenses
₹0.13 Cr
Surplus to members
₹1.18 Cr
Time to dissolve
482 days
Commenced
25 Mar 2022
Dissolved
20 Jul 2023
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, ₹1.18 Cr in surplus was returned to members.
Company · MCA master
MCA status
Under Liquidation
Company class
Private
Category
Company limited by shares
Sub-category
subsidiary of company incorporated outside India
Listing
Unlisted
Incorporated
12 Oct 2017
Authorised capital
₹2.00 Cr
Paid-up capital
₹1.30 Cr
ROC
ROC Bangalore
Industry
Manufacturing (Machinery and Equipments)
PIN
560100
Registered office
No. 41P, 99P & 100P, KIADB Industrial Area Electronic City Phase-II,Bangalore,Bangalore,Karnataka,560100-India
Liquidator
Indian Institute of Insolvency Professio
IBBI/IPA-001/IP-P01313/2018-2019/12054
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