Pati International (India) 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
Reported amountsCreditor dues are not reported, so the payout cannot be assessed against them.
All financial figures & reading notes
| Realisation of assets | Rs 0 |
|---|---|
| Amount due to creditors | Not reported |
| Amount paid to creditors | Not reported |
| Liquidation expenses | Rs 0 |
| Surplus to members | Rs 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 register93 days slower than the median of 618 days across 1,597 completed wind-downs
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.
The NCLT order
Read from the document itself
- Bench
- BENGALURU BENCH, BENGALURU
- Case number
- C.P (IB) No. 118/BB/2021
- Order date
- 2 Dec 2022
Dissolved with effect from the date of the present order.
What the bench said
Therefore, the affairs of the corporate person have been completely wound up and its assets have been liquidated and nothing remains to be liquidated.
Statutory observations
In this regard, the IT Department has not raised any demand in the report.
Why the company wound up
In the order's own words
- What it was set up to do
- engaged in the business of building construction, civil contracts and engineering, permanent construction, quarrying, premix supply and to undertake construction work in India and abroad; carrying on business manufacturers of and trading in building components
The wind-down, stage by stage
12 dated stages
- 18 Dec 2020 Board resolution to wind up
- 18 Dec 2020 Declaration of solvency
- 21 Dec 2020 Liquidation commenced
- 23 Dec 2020 Public announcement
- 19 Jan 2021 Last date for creditors to claim
- 5 Feb 2021 Preliminary report
- 12 Oct 2021 Final report
- 12 Oct 2021 Final report filed with the ROC
- 12 Oct 2021 Final report filed with IBBI
- 2 Nov 2021 Dissolution application filed
- 2 Dec 2022 NCLT order
- 2 Dec 2022 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
- Non-government company
- Listing
- Unlisted
- State
- Karnataka
- ROC
- ROC Bangalore
- Industry
- Business Services
- PIN
- 560099
- Incorporated
- 11 Dec 2000
- Authorised capital
- Rs 1.00 Cr
- Paid-up capital
- Rs 1.24 L
- CIN
- U74899KA2000PTC127261
- Registered office
- Sy. No 3, 1st Floor, Gopasandra Village Muthanallur Post, Sarjapura Hobli, Aneka,l Taluk,Bangalore,Bangalore,Karnataka,560099-India
The money, as the order printed it
Rs as stated in the document — not the crore figures above
- Total receipts
- Rs 30,926
- Total payments
- Rs 30,926
- Liquidator fee
- Rs 30,000
- Liquidation cost
- Rs 926
Receipts
| Bank Balance 30 Mar 2021 | Rs 30,926 |
|---|
Payments
| ROC filing & other Bank charges | Rs 926 |
|---|---|
| Liquidator fee | Rs 30,000 |
Creditors and claims
As the order records them
The liquidator did not receive any claims from the stakeholders.
Creditor approval
The company has no debt
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.