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Solvent wind-down · IBC Section 59

Powerplant Performance Improvement Private Limited

U28991DL2003PTC120915 · Company
Dissolved under section 59(8)
Liquidation outcome · IBC s.59
Realisation of assets
₹2.20 Cr
Amount due to creditors
₹0.10 Cr
Amount paid to creditors
₹0.10 Cr
Liquidation expenses
₹0.19 Cr
Surplus to members
₹1.91 Cr
Time to dissolve
2,502 days
Commenced
23 Oct 2018
Dissolved
29 Aug 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, ₹1.91 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
16 Jun 2003
Authorised capital
₹6.00 Cr
Paid-up capital
₹40.00 L
ROC
ROC Delhi
Industry
Manufacturing (Metals and Chemicals, and products thereof)
PIN
110049
Registered office
Flat P-2/681 Asian Games Village Complex,New Delhi,North East,Delhi,110049-India
Liquidator
Indian Institute of Insolvency Professio
IBBI/IPA-001/IP-P01094/2017-2018/11804
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