Perwein Trading 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 0. No payout percentage is calculated against zero or negative dues.
All financial figures & reading notes
| Realisation of assets | Rs 2.79 Cr |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 3.00 L |
| Surplus to members | Rs 2.76 Cr |
"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 register563 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
above 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 2.76 Cr in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- Mumbai Bench, Court II
- Case number
- CP (IB)/434/MB/2022
- Order date
- 9 Jan 2024
Perwein Trading Private Limited having CIN: U51100MH2000PTC129423, stands dissolved from the date of this Order.
What the bench said
It is seen that the affairs of the Company have been completely wound up and the assets of the Company have been completely liquidated in accordance with the provisions of the Code and therefore, this Application u/s 59(7) of the Code is complete
Why the company wound up
In the order's own words
Limited financial resources to recommence activities.
- What it was set up to do
- to carry on the business as exhibitors of various goods, services and merchandise and to undertake the necessary activities to promote sales of goods, services and merchandise dealt/provided by the company and buying, selling, reselling, importing, exporting, transporting, storing, developing, promoting, marketing or supplying, trading, dealing in any manner whatsoever in all type of goods on retail as well as on wholesale basis in India or elsewhere.
- What it was doing by the end
- The Company has explored certain financial propositions to recommence the activities but on account of Limited financial resource, it could not undertake any of the activities.
The wind-down, stage by stage
10 dated stages
- 15 Oct 2020 Board resolution to wind up
- 15 Oct 2020 Declaration of solvency
- 15 Oct 2020 Liquidation commenced
- 17 Oct 2020 Public announcement
- 14 Nov 2020 Last date for creditors to claim
- 27 Nov 2020 Preliminary report
- 12 Nov 2021 Final report
- 12 Nov 2021 Final report filed with the ROC
- 9 Jan 2024 NCLT order
- 9 Jan 2024 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
- Maharashtra
- ROC
- ROC Mumbai
- Industry
- Trading
- PIN
- 400008
- Incorporated
- 1 Nov 2000
- Authorised capital
- Rs 50.05 L
- Paid-up capital
- Rs 50.03 L
- CIN
- U51100MH2000PTC129423
- Registered office
- 304 MEHTA COURTGILDER LANE,MUMBAI,Maharashtra,400008-India
The money, as the order printed it
Rs as stated in the document — not the crore figures above
What the company held
Cash on hand is Rs. 14,866/-, Cash at bank is Rs. 27,899,220/-, Loans and advance are Rs. 3,16,199/- and Non-Current Liabilities is Rs. 3,50,000/-.
Creditors and claims
As the order records them
The liquidator received the claims from the operational creditors on 9th November 2020.
Litigation and delays
The frictions the order records
Litigation
No litigation is pending against the Company.
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.