Solvent wind-down · IBC Section 59

Pavanraj Fabs India Private Limited

U17111TZ2005PTC012243 · Company
Dissolved under section 59(8)
Liquidation outcome · IBC s.59
Realisation of assets
₹2.67 Cr
Amount due to creditors
₹0.01 Cr
Amount paid to creditors
₹0.01 Cr
Liquidation expenses
₹0.31 Cr
Surplus to members
₹2.35 Cr
Time to dissolve
841 days
Commenced
30 Mar 2021
Dissolved
19 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, ₹2.35 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved under section 59(8)
Company class
Private
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
24 Oct 2005
Authorised capital
₹3.00 Cr
Paid-up capital
₹1.50 Cr
ROC
ROC Coimbatore
Industry
Manufacturing (Textiles)
PIN
000000
Registered office
132, SANKARI ROAD,TIRUCHENGODE-637 211,NAMAKKAL DISTRICT,Tamil Nadu,000000-India
Liquidator
ICSI Institute of Insolvency Professiona
IBBI/IPA-002/IP-N00506/2017-2018/11700
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