One-Red India Licensing Private Limited
The wind-down at a glance. Follow the recorded outcome, financials and people behind this company.
What did the wind-down return?
Reported financials Rs crore, shown in lakh below Rs 1 crore
Where the money went
Share of realisationAmount due to creditors: Rs 12.00 L. Reported payout equals 100.0% of dues.
All financial figures & reading notes
| Realisation of assets | Rs 64.00 L |
|---|---|
| Amount due to creditors | Rs 12.00 L |
| Amount paid to creditors | Rs 12.00 L |
| Liquidation expenses | Rs 23.00 L |
| Surplus to members | Rs 29.00 L |
"Not reported" means no figure is available. A reported zero is shown as zero. Registry capital further down the page is separate from liquidation proceeds, and so are any figures read from the NCLT order.
Where this wind-down sits
against every completed s.59 on the register350 days slower than the median of 618 days across 1,597 completed wind-downs
the median is 9.5%
72% of completed wind-downs returned a surplus to members
below the median realisation of Rs 66.00 L
This is a voluntary liquidation under IBC Section 59 — a solvent company choosing to wind up. Creditors are paid in full and costs met before any surplus returns to members; there is no haircut and no acquirer. Read assets realised, creditor payments, expenses and members' surplus separately. Here, Rs 29.00 L in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- Mumbai Bench Court No. 2
- Case number
- CP (IB) 4532/MB/2018
- Order date
- 30 Jul 2020
Company shall be dissolved from the date of this order.
What the bench said
the affairs of the company have been completely wound up, and its assets have been completely liquidated.
Why the company wound up
In the order's own words
non-availability of desired business prospects and long-term financial resources
- What it was doing by the end
- The Company has discontinued its business operation for past few years.
The wind-down, stage by stage
10 dated stages
- 10 Nov 2017 Board resolution to wind up
- 10 Nov 2017 Declaration of solvency
- 5 Dec 2017 Liquidation commenced
- 10 Dec 2017 Public announcement
- 4 Apr 2018 Preliminary report
- 1 Dec 2018 Final report
- 1 Dec 2018 Final report filed with the ROC
- 1 Dec 2018 Final report filed with IBBI
- 30 Jul 2020 NCLT order
- 30 Jul 2020 Dissolved
Green marks a date from the IBBI register; blue marks a date read from an NCLT order.
The company behind the record
Identity, registration and capital
- MCA status
- Dissolved (Liquidated)
- Company class
- Private
- Category
- Company limited by shares
- Sub-category
- subsidiary of company incorporated outside India
- Listing
- Unlisted
- State
- Maharashtra
- ROC
- ROC Mumbai
- Industry
- Business Services
- PIN
- 400059
- Incorporated
- 14 Jun 2011
- Authorised capital
- Rs 5.00 L
- Paid-up capital
- Rs 1.00 L
- CIN
- U74999MH2011FTC218620
- Registered office
- Regus Times Square, Unit 1, Level 2, B Wing, Andheri Kurla Road, Andheri (East),,Mumbai,Mumbai City,Maharashtra,400059-India
Creditors and claims
As the order records them
The Liquidator did not receive any claims from the operational creditors, financial creditors, workman, employees and other stakeholders.
Litigation and delays
The frictions the order records
Litigation
As on liquidation commencement date, the Company did not have any pending litigation.
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.