Solvent wind-down · IBC Section 59

Neo Surface Technology (India) Private Limited

U28996KA2010PTC053729 · Company
Under Liquidation
Liquidation outcome · IBC s.59
Realisation of assets
₹0.58 Cr
Amount due to creditors
₹0.01 Cr
Amount paid to creditors
₹0.01 Cr
Liquidation expenses
₹0.06 Cr
Surplus to members
₹0.51 Cr
Time to dissolve
837 days
Commenced
22 Apr 2019
Dissolved
6 Aug 2021
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, ₹0.51 Cr in surplus was returned to members.
Company · MCA master
MCA status
Under Liquidation
Company class
Private
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
21 May 2010
Authorised capital
₹11.00 L
Paid-up capital
₹10.15 L
ROC
ROC Bangalore
Industry
Manufacturing (Metals and Chemicals, and products thereof)
PIN
583101
Registered office
151 & 152, KIADB III Phase Mundargi Industrial Estate,Bellary,Karnataka,583101-India
Liquidator
ICSI Institute of Insolvency Professiona
IBBI/IPA-002/IP-N00075/2017-18/10206
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