Solvent wind-down · IBC Section 59
Online Scrips (India) Pvt. Ltd.
U67120KA1999PTC025919 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹1.02 Cr
Amount due to creditors
₹0.08 Cr
Amount paid to creditors
₹0.08 Cr
Liquidation expenses
₹0.10 Cr
Surplus to members
₹0.84 Cr
Time to dissolve
231 days
Commenced
26 Jun 2017
Dissolved
12 Feb 2018
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, ₹0.84 Cr in surplus was returned to members.
Company · MCA master
MCA status
Under Liquidation
Company class
Private
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
4 Nov 1999
Authorised capital
₹50.00 L
Paid-up capital
₹46.53 L
ROC
ROC Bangalore
Industry
Finance
PIN
560001
Registered office
103, GROUND FLOOR,RAMS INFANTRY MANOR, #70, INFANTRY ROAD, BANGALORE.,BANGALORE,Karnataka,560001-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
Request access →