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Voluntary liquidation · IBC s.59

NBCC Engineering & Consultancy Limited

CIN · U74992DL2015GOI288527 Company Delhi MCA · Dissolved under section 59(8)

The wind-down at a glance. Follow the recorded outcome, financials and people behind this company.

Process record Dissolution recorded

16 Mar 2023

View process timeline

What did the wind-down return?

Reported financials Rs crore, shown in lakh below Rs 1 crore

Assets realised
Rs 57.00 L
Value realised from assets
Paid to creditors
Rs 1.00 L
100.0% of reported dues
Surplus to members
Rs 38.00 L
Reported surplus amount

Where the money went

Share of realisation
Creditors · 1.8%Rs 1.00 L
Expenses · 33.3%Rs 19.00 L
Members · 66.7%Rs 38.00 L

Amount due to creditors: Rs 1.00 L. Reported payout equals 100.0% of dues.

All financial figures & reading notes
Amounts as recorded for this voluntary liquidation
Realisation of assetsRs 57.00 L
Amount due to creditorsRs 1.00 L
Amount paid to creditorsRs 1.00 L
Liquidation expensesRs 19.00 L
Surplus to membersRs 38.00 L

"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 register
Time to dissolve755 days

137 days slower than the median of 618 days across 1,597 completed wind-downs

Cost of the wind-down33.3% of realisation

the median is 9.5%

Surplus returnedYes

72% of completed wind-downs returned a surplus to members

SizeRs 57.00 L

below the median realisation of Rs 66.00 L

Reading this record

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. Here, Rs 38.00 L in surplus was returned to members.

The NCLT order

Read from the document itself

Bench
NEW DELHI BENCH (COURT- II)
Case number
(IB)-218(ND)2022
Order date
16 Mar 2023

Company shall be dissolved from the date of this Order

What the bench said

the affairs of the Company have been completely wound up, and its assets completely liquidated and there is no litigation pending against the Company.

Statutory observations

The ROC has filed its report on 25.05.2022 and has not raised any objection.

16 Mar 2023 · (IB)-218(ND)2022 · 13 pages Read the order

The wind-down, stage by stage

10 dated stages

755 days to dissolve
  1. 18 Feb 2021 Board resolution to wind up
  2. 18 Feb 2021 Declaration of solvency
  3. 19 Feb 2021 Liquidation commenced
  4. 24 Feb 2021 Public announcement
  5. 5 Apr 2021 Preliminary report
  6. 7 Feb 2022 Final report filed with the ROC
  7. 7 Feb 2022 Final report filed with IBBI
  8. 25 May 2022 Final report
  9. 16 Mar 2023 NCLT order
  10. 16 Mar 2023 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
Public
Category
Company limited by shares
Sub-category
Union government company
Listing
Unlisted
State
Delhi
ROC
ROC Delhi
Industry
Business Services
PIN
110003
Incorporated
15 Dec 2015
Authorised capital
Rs 2.00 Cr
Paid-up capital
Rs 1.00 Cr
CIN
U74992DL2015GOI288527
Registered office
SHOP NO. 25, NBCC PLACE PRAGATI VIHAR,NEW DELHI,South Delhi,Delhi,110003-India

Directors named in the order

Rakesh Garg · Mukat Bihari Singhal · Neelesh Manherlal Shah

Shareholding as the order states it

MemberShares%
NBCC (India) Ltd
Company registry · MCA data as on 12 Jun 2026. Capital figures are shown separately from the wind-down financials.

The money, as the order printed it

Rs as stated in the document — not the crore figures above

Distributed to members · 1 Feb 2022

NBCC (India) LtdRs 30.58 L

Section 53 of the IBC, 2016

What the company held

Fixed assets, Fixed Deposits, Income Tax refund, and sundry debtors

These are the figures the NCLT order prints, in rupees. The crore figures higher up the page come from IBBI's outcome file. They are different measurements from different sources and are shown separately on purpose — the Cr/Lakh switch does not touch them.

Creditors and claims

As the order records them

Total claims claimed and admitted were 803,286.00

Litigation and delays

The frictions the order records

Litigation

No litigation is pending against the corporate person.

Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error

Keep exploring.

See other companies in the voluntary liquidation register.

All voluntary liquidations