Solvent wind-down · IBC Section 59
Oil India International Limited
U11100DL2013GOI258215 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹137.62 Cr
Amount due to creditors
₹0.17 Cr
Amount paid to creditors
₹0.17 Cr
Liquidation expenses
₹2.33 Cr
Surplus to members
₹135.12 Cr
Time to dissolve
1,400 days
Commenced
30 Sep 2019
Dissolved
31 Jul 2023
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, ₹135.12 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved under section 59(8)
Company class
Public
Category
Company limited by shares
Sub-category
Union government company
Listing
Unlisted
Incorporated
20 Sep 2013
Authorised capital
₹500.00 Cr
Paid-up capital
₹100.00 Cr
ROC
ROC Delhi
Industry
Mining and Quarrying
PIN
110020
Registered office
UNIT NO. 603, 6TH FLOOR, NBCC CENTRE OKHLA PHASE I,NEW DELHI,South Delhi,Delhi,110020-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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