Solvent wind-down · IBC Section 59
Nizamabad Corn Products Private Ltd.
U01119TG1987PTC007974 · company
Liquidation outcome · IBC s.59
Realisation of assets
₹1.24 Cr
Amount due to creditors
—
Amount paid to creditors
—
Liquidation expenses
₹0.12 Cr
Surplus to members
₹1.12 Cr
Time to dissolve
640 days
Commenced
5 Mar 2018
Dissolved
5 Dec 2019
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, ₹1.12 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved (Liquidated)
Company class
Private
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
20 Nov 1987
Authorised capital
₹1.50 Cr
Paid-up capital
₹1.00 Cr
ROC
ROC Hyderabad
Industry
Agriculture and Allied Activities
PIN
503186
Registered office
2-14,Sarangapur Industrial Estate, Sarangapur,Nizamabad,Telangana,503186-India
Liquidator
data unavailable
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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