Solvent wind-down · IBC Section 59
Nortel Technology Excellence Centre Private Ltd.
U72200KA2002PTC030887 · company
Liquidation outcome · IBC s.59
Realisation of assets
₹0.85 Cr
Amount due to creditors
—
Amount paid to creditors
—
Liquidation expenses
₹0.49 Cr
Surplus to members
₹0.36 Cr
Time to dissolve
495 days
Commenced
29 Dec 2017
Dissolved
8 May 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, ₹0.36 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
14 Aug 2002
Authorised capital
₹2.00 L
Paid-up capital
₹1.60 L
ROC
ROC Bangalore
Industry
Business Services
PIN
560078
Registered office
Terrace Floor, 690U, 12th Cross, 15th Main J P Nagar 2nd Phase,,Bangalore,Karnataka,560078-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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