PKR Energy 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 4.53 Cr |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 3.00 L |
| Surplus to members | Rs 4.50 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 register184 days faster 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 4.50 Cr in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- PRINCIPAL BENCH, NEW DELHI
- Case number
- (IB)–550 (PB)/2023
- Order date
- 11 Jun 2024
Company M/s PKR Energy Limited stands dissolved.
What the bench said
The liquidator has duly performed duties, affairs completely wound up, assets completely liquidated, no liabilities unsatisfied, and liquidation not with intent to defraud.
Statutory observations
RoC filed status report stating last balance sheet and annual return were filed for FY 2021-22, and no inquiry/inspection/complaint/legal action is pending.
Why the company wound up
In the order's own words
The company has discontinued its business operation and does not have any plans to restart its business operations.
- What it was set up to do
- Generation, manufacture, distribution of electric energy and operation/setting up of Solar, Wind, Hydro/coal based/gas based/LNG/ power plants for national grid, industrial and domestic purpose both in India and abroad, energy audits and energy consultancy, manufacturer and trader of all types of energy meters, electrical goods, electronic control devices, electric conductors, wires & cables.
- What it was doing by the end
- The Company has discontinued its business operation.
The wind-down, stage by stage
10 dated stages
- 29 Mar 2023 Board resolution to wind up
- 29 Mar 2023 Declaration of solvency
- 4 Apr 2023 Liquidation commenced
- 8 Apr 2023 Public announcement
- 19 May 2023 Preliminary report
- 3 Jul 2023 Final report
- 3 Jul 2023 Final report filed with the ROC
- 8 Aug 2023 Dissolution application filed
- 11 Jun 2024 NCLT order
- 11 Jun 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
- Public
- Category
- Company limited by shares
- Sub-category
- Non-government company
- Listing
- Unlisted
- State
- Delhi
- ROC
- ROC Delhi
- Industry
- Manufacturing (Metals and Chemicals, and products thereof)
- PIN
- 110065
- Incorporated
- 12 Nov 2007
- Authorised capital
- Rs 10.00 Cr
- Paid-up capital
- Rs 8.86 Cr
- CIN
- U28910DL2007PLC170333
- Registered office
- 11, ISHWAR NAGAR MATHURA ROAD,NEW DELHI,Delhi,110065-India
Directors named in the order
Pranav Kumar Ranade · Ameeta Ranade · Prashant Ranade · Vikram Ranade
Shareholding as the order states it
| Member | Shares | % |
|---|---|---|
| Advance Metering Technology Limited | 88592003 | |
| Pranay Kumar Ranade | 100 | |
| Ameeta Ranade | 100 | |
| Vikram Ranade | 300 | |
| Ashima Ranade | 100 | |
| Prashant Ranade | 100 | |
| Natasha Tara Ranade | 100 |
The money, as the order printed it
Rs as stated in the document — not the crore figures above
- Total receipts
- Rs 4.53 Cr
- Total payments
- Rs 4.53 Cr
- Liquidator fee
- Rs 1.00 L
- Liquidation cost
- Rs 3.03 L
Receipts
| Cash and Bank Balance as on date of commencement of Voluntary Liquidation (04/04/2023) 4 Apr 2023 | Rs 5.27 L |
|---|---|
| Cash Deposit | Rs 1,450 |
| Receipt / Redemption of Fixed deposit during Voluntary Liquidation Process | Rs 4.48 Cr |
Payments
| Liquidator Fee | Rs 1.00 L |
|---|---|
| Payment of Income tax & TDS | Rs 1.70 L |
| Liquidation expenses (Newspaper, advertisement, filing fee etc) | Rs 10,382 |
| Payment of consultancy fees for Accounting, Finance and other support services | Rs 11,000 |
| Payment of Auditor's fee for audit of liquidation account | Rs 10,000 |
| Misc. Bank Charges | Rs 1,476 |
| Payment to Sole Shareholder | Rs 4.50 Cr |
Distributed to members · 1 Jul 2023
| Advance Metering Technology Limited | Rs 4.50 Cr |
|---|
Sole Shareholder / Beneficiary of wholly owned subsidiary
Creditors and claims
As the order records them
The Liquidator submitted that it has not received any claims from anyone within requisite timeline of 30 days.
Creditor approval
Company has no creditors/liabilities to pay other than tax provisions, so creditor approval N/A.
Litigation and delays
The frictions the order records
Litigation
No inquiry / inspection / complaint / legal action has been pending against the subject company.
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.