Mudita Ventures Private Limited
The wind-down at a glance. Follow the recorded outcome, financials and people behind this company.
What did the wind-down return?
Reported financials Rs crore, shown in lakh below Rs 1 crore
Where the money went
Reported amountsAmount due to creditors: Rs 0. No payout percentage is calculated against zero or negative dues.
All financial figures & reading notes
| Realisation of assets | Rs 16.00 L |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 1.00 L |
| Surplus to members | Rs 0 |
"Not reported" means no figure is available. A reported zero is shown as zero. Registry capital further down the page is separate from liquidation proceeds, and so are any figures read from the NCLT order.
Where this wind-down sits
against every completed s.59 on the register795 days slower than the median of 618 days across 1,597 completed wind-downs
the median is 9.5%
72% of completed wind-downs returned a surplus to members
below the median realisation of Rs 66.00 L
This is a voluntary liquidation under IBC Section 59 — a solvent company choosing to wind up. Creditors are paid in full and costs met before any surplus returns to members; there is no haircut and no acquirer. Read assets realised, creditor payments, expenses and members' surplus separately.
The NCLT order
Read from the document itself
- Bench
- SPECIAL BENCH (COURT– I) CHENNAI
- Case number
- CP(IB)/133(CHE)/2024
- Order date
- 4 Oct 2024
Dissolved
What the bench said
the affairs of the Company have been completely wound up and the assets of the Petitioner Company have been completely liquidated and as such the Petitioner Company deserves to be dissolved
Why the company wound up
In the order's own words
not doing effective business and no major business operation was carried in the last preceding two years and a collective call was taken by the members of Mudita Ventures Private Limited to not to continue any business
- What it was set up to do
- primarily engaged in the business of providing innovative health and wellness solutions to people and helping them head a healthy life through natural remedies and also engaged in providing health care solutions
- What it was doing by the end
- not doing effective business and no major business operation was carried in the last preceding two years
The wind-down, stage by stage
10 dated stages
- 21 Nov 2020 Liquidation commenced
- 25 Jan 2024 Board resolution to wind up
- 25 Jan 2024 Declaration of solvency
- 17 Feb 2024 Public announcement
- 27 Mar 2024 Preliminary report
- 14 May 2024 Final report filed with the ROC
- 14 May 2024 Final report filed with IBBI
- 4 Oct 2024 Last hearing
- 4 Oct 2024 NCLT order
- 4 Oct 2024 Dissolved
Green marks a date from the IBBI register; blue marks a date read from an NCLT order.
The company behind the record
Identity, registration and capital
- MCA status
- Dissolved under section 59(8)
- Company class
- Private
- Category
- Company limited by shares
- Sub-category
- Non-government company
- Listing
- Unlisted
- State
- Tamil Nadu
- ROC
- ROC Chennai
- Industry
- Business Services
- PIN
- 600093
- Incorporated
- 23 Jan 2020
- Authorised capital
- Rs 15.00 L
- Paid-up capital
- Rs 15.00 L
- CIN
- U74999TN2020PTC133962
- Registered office
- Jains West Minister, A Block, 16D Arunachalam Road, Saligramam,CHENNAI,Chennai,Tamil Nadu,600093-India
Directors named in the order
Srividhya Srinivasan
The money, as the order printed it
Rs as stated in the document — not the crore figures above
- Total receipts
- Rs 15.79 L
- Total payments
- Rs 15.75 L
- Liquidator fee
- Rs 54,000
- Liquidation cost
- Rs 1.31 L
Receipts
| Cash deposited | Rs 4,000 |
|---|---|
| Bank Balance received from old Bank A/c | Rs 15.75 L |
Payments
| Liquidator Fee | Rs 54,000 |
|---|---|
| Advocate Fee | Rs 25,000 |
| Auditor Fee | Rs 29,500 |
| Advertisement Expense | Rs 10,080 |
| Other Liquidation Expenses | Rs 7,100 |
| Bank Closure Charges | Rs 581 |
| TDS (on Prof. Fee of Liquidator) | Rs 5,400 |
| Rukmini Sridhar | Rs 48,131 |
| Srividhya Srinivasan | Rs 13.96 L |
What the company held
Company did not have any assets except cash and cash equivalent
Creditors and claims
As the order records them
NIL
Creditor approval
Company did not have any creditors and had also not received claim from any person
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.