Solvent wind-down · IBC Section 59

Pingthis Private Limited

U62099KA2020PTC137793 · Company
Dissolved under section 59(8)
Liquidation outcome · IBC s.59
Realisation of assets
₹9.40 Cr
Amount due to creditors
₹0.00 Cr
Amount paid to creditors
₹0.00 Cr
Liquidation expenses
₹0.11 Cr
Surplus to members
₹9.29 Cr
Time to dissolve
322 days
Commenced
20 Jan 2025
Dissolved
8 Dec 2025
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, ₹9.29 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
27 Aug 2020
Authorised capital
₹4.50 L
Paid-up capital
₹3.95 L
ROC
ROC Bangalore
Industry
Business Services
PIN
560068
Registered office
No. B-1803, 18th Floor Ebony Block, Salarpuria Sattva Greenage,Bengaluru,Bangalore,Karnataka,560068-India
Liquidator
ICSI Institute of Insolvency Professiona
IBBI/IPA-002/IP-N00794/2019 -2020/12565
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