Solvent wind-down · IBC Section 59
NMDC Power Limited
U40100TG2011PLC077952 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹0.47 Cr
Amount due to creditors
—
Amount paid to creditors
—
Liquidation expenses
₹0.05 Cr
Surplus to members
₹0.42 Cr
Time to dissolve
289 days
Commenced
29 Dec 2020
Dissolved
14 Oct 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, ₹0.42 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved (Liquidated)
Company class
Public
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
12 Dec 2011
Authorised capital
₹1.00 Cr
Paid-up capital
₹55.00 L
ROC
ROC Hyderabad
Industry
Electricity, Gas and Water companies
PIN
500028
Registered office
10-3-311/A, KHANIJ BHAVAN, CASTLE HILLS, MASAB TANK,HYDERABAD,Telangana,500028-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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