Solvent wind-down · IBC Section 59

New Enterprise Associates (India) Private Limited

U74999KA2006PTC040686 · Company
Under Liquidation
Liquidation outcome · IBC s.59
Realisation of assets
₹9.01 Cr
Amount due to creditors
Amount paid to creditors
Liquidation expenses
₹0.62 Cr
Surplus to members
₹8.38 Cr
Time to dissolve
801 days
Commenced
27 Mar 2020
Dissolved
6 Jun 2022
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, ₹8.38 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
6 Oct 2006
Authorised capital
₹3.80 Cr
Paid-up capital
₹3.80 Cr
ROC
ROC Bangalore
Industry
Business Services
PIN
560025
Registered office
C/o Lexygen, 4th Floor, Indiqube Penta 51, Richmond Road,Bangalore,Bangalore,Karnataka,560025-India
Liquidator
ICSI Institute of Insolvency Professiona
IBBI/IPA-002/IP-N00075/2017-18/10206
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