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Voluntary liquidation · IBC s.59

Pasta Lifestyle Solutions Private Limited

CIN · U74999DL2015PTC278682 Company Delhi MCA · Dissolved under section 59(8)

The wind-down at a glance. Follow the recorded outcome, financials and people behind this company.

Process record Dissolution recorded

31 Oct 2023

View process timeline

What did the wind-down return?

Reported financials Rs crore, shown in lakh below Rs 1 crore

Assets realised
Rs 1.00 L
Value realised from assets
Paid to creditors
Rs 0
No creditor dues reported
Surplus to members
Rs 0
A zero surplus is recorded

Where the money went

Share of realisation
Creditors · 0.0%Rs 0
Expenses · 100.0%Rs 1.00 L
Members · 0.0%Rs 0

Amount due to creditors: Rs 0. No payout percentage is calculated against zero or negative dues.

All financial figures & reading notes
Amounts as recorded for this voluntary liquidation
Realisation of assetsRs 1.00 L
Amount due to creditorsRs 0
Amount paid to creditorsRs 0
Liquidation expensesRs 1.00 L
Surplus to membersRs 0

"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 register
Time to dissolve424 days

194 days faster than the median of 618 days across 1,597 completed wind-downs

Cost of the wind-down100.0% of realisation

the median is 9.5%

Surplus returnedNo

72% of completed wind-downs returned a surplus to members

SizeRs 1.00 L

below the median realisation of Rs 66.00 L

Reading this record

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.

The NCLT order

Read from the document itself

Bench
New Delhi Bench, Court IV
Case number
IB-284/ND/2023
Order date
31 Oct 2023

Dissolved effective order date

What the bench said

The Liquidator is found to have complied with the statutory provisions to complete the liquidation process by taking necessary steps. The affairs of the Applicant Company have been completely wound up and no liabilities have been left unsatisfied.

Statutory observations

No adverse comments have been received from any statutory authority or from public at large against such dissolution of the Corporate Person.

31 Oct 2023 · IB-284/ND/2023 · 11 pages Read the order

The wind-down, stage by stage

11 dated stages

424 days to dissolve
  1. 30 Aug 2022 Board resolution to wind up
  2. 31 Aug 2022 Declaration of solvency
  3. 2 Sep 2022 Liquidation commenced
  4. 6 Sep 2022 Public announcement
  5. 2 Oct 2022 Last date for creditors to claim
  6. 14 Oct 2022 Preliminary report
  7. 30 Nov 2022 Final report
  8. 27 Feb 2023 Final report filed with the ROC
  9. 1 Mar 2023 Final report filed with IBBI
  10. 31 Oct 2023 NCLT order
  11. 31 Oct 2023 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 under section 59(8)
Company class
Private
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
State
Delhi
ROC
ROC Delhi
Industry
Business Services
PIN
110024
Incorporated
1 Apr 2015
Authorised capital
Rs 25.00 L
Paid-up capital
Rs 2.95 L
CIN
U74999DL2015PTC278682
Registered office
C-5, LGF, Lajpat Nagar-III,Delhi,New Delhi,Delhi,110024-India
Company registry · MCA data as on 12 Jun 2026. Capital figures are shown separately from the wind-down financials.

The money, as the order printed it

Rs as stated in the document — not the crore figures above

What the company held

The company had no tangible assets. The company had only the current assets in the form of Long-Term Investments and cash & bank balances as on the liquidation commencement date.

These are the figures the NCLT order prints, in rupees. The crore figures higher up the page come from IBBI's outcome file. They are different measurements from different sources and are shown separately on purpose — the Cr/Lakh switch does not touch them.

Creditors and claims

As the order records them

No claim was received.

Creditor approval

The Company did not have any secured creditors, unpaid dues towards employees, outstanding government dues and preference shareholders at the time of commencement of liquidation.

Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error

Keep exploring.

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