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Voluntary liquidation · IBC s.59

Ncml Faizabad Private Limited

CIN · U01100HR2017PTC067123 Company Haryana 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

10 Jul 2025

View process timeline

What did the wind-down return?

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

Assets realised
Rs 1.00 L
Value realised from assets
Paid to creditors
Rs 0
No creditor dues reported
Surplus to members
Rs 0
A zero surplus is recorded

Where the money went

Share of realisation
Creditors · 0.0%Rs 0
Expenses · 100.0%Rs 1.00 L
Members · 0.0%Rs 0

Amount due to creditors: Rs 0. No payout percentage is calculated against zero or negative dues.

All financial figures & reading notes
Amounts as recorded for this voluntary liquidation
Realisation of assetsRs 1.00 L
Amount due to creditorsRs 0
Amount paid to creditorsRs 0
Liquidation expensesRs 1.00 L
Surplus to membersRs 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 register
Time to dissolve345 days

273 days faster than the median of 618 days across 1,597 completed wind-downs

Cost of the wind-down100.0% of realisation

the median is 9.5%

Surplus returnedNo

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

SizeRs 1.00 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.

The NCLT order

Read from the document itself

Bench
CHANDIGARH BENCH (Court-I)
Case number
CP (IB) No.313/Chd/Hry/2024
Order date
10 Jul 2025

Company shall be dissolved from the date of this order

What the bench said

The affairs of the Company have been completely wound up, its assets completely liquidated, no litigation pending against the company, and the proposed dissolution does not prejudice ongoing legal proceedings involving the fixed deposits.

Statutory observations

ROC reported no inquiry/inspection/complaint/legal action pending against the company. FCI raised points regarding fixed deposits and bank guarantees which were resolved via undertakings from directors excluding those amounts from the liquidation estate.

10 Jul 2025 · CP (IB) No.313/Chd/Hry/2024 · 15 pages Read the order

Why the company wound up

In the order's own words

Cancellation of concession contract with Food Corporation of India (FCI) by invoking the Force Majeure clause

What it was set up to do
construction, operation and maintenance of Silo Complex for storage of food grain on behalf of FCI
What it was doing by the end
Company was set up to execute the work under the specific contract, owing to its cancellation, management decided to initiate liquidation

The wind-down, stage by stage

11 dated stages

345 days to dissolve
  1. 30 Jul 2024 Board resolution to wind up
  2. 30 Jul 2024 Declaration of solvency
  3. 30 Jul 2024 Liquidation commenced
  4. 31 Jul 2024 Public announcement
  5. 29 Aug 2024 Last date for creditors to claim
  6. 6 Sep 2024 Preliminary report
  7. 24 Oct 2024 Final report filed with the ROC
  8. 24 Oct 2024 Final report filed with IBBI
  9. 10 Jun 2025 Last hearing
  10. 10 Jul 2025 NCLT order
  11. 10 Jul 2025 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
Haryana
ROC
ROC Delhi
Industry
Agriculture and Allied Activities
PIN
122008
Incorporated
18 Jan 2017
Authorised capital
Rs 7.00 Cr
Paid-up capital
Rs 7.00 Cr
CIN
U01100HR2017PTC067123
Registered office
Floor-3, Plot No.-883, Udyog Vihar, Phase-5,,Gurgaon,Gurgaon,Haryana,122008-India

Directors named in the order

Pankaj Tomar · Ravi Shankar · Anuj Kumar Vasdev

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

What the company held

Corporate Person had no assets or funds

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

Creditor approval

Unanimously passed special resolutions by members at EGM on July 30, 2024; no creditors mentioned needing approval besides FCI claims handling

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

Keep exploring.

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