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Voluntary liquidation · IBC s.59

Preminen Price Comparison India Private Limited

CIN · U74999HR2019FTC078099 Company Haryana MCA · Dissolved under section 59(8)

The wind-down at a glance. Follow the recorded outcome, financials and people behind this company.

Process record Dissolution recorded

16 Apr 2024

View process timeline

What did the wind-down return?

Reported financials Rs crore, shown in lakh below Rs 1 crore

Assets realised
Rs 11.00 L
Value realised from assets
Paid to creditors
Rs 0
No creditor dues reported
Surplus to members
Rs 3.00 L
Reported surplus amount

Where the money went

Share of realisation
Creditors · 0.0%Rs 0
Expenses · 72.7%Rs 8.00 L
Members · 27.3%Rs 3.00 L

Amount due to creditors: Rs 0. No payout percentage is calculated against zero or negative dues.

All financial figures & reading notes
Amounts as recorded for this voluntary liquidation
Realisation of assetsRs 11.00 L
Amount due to creditorsRs 0
Amount paid to creditorsRs 0
Liquidation expensesRs 8.00 L
Surplus to membersRs 3.00 L

"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 register
Time to dissolve752 days

134 days slower than the median of 618 days across 1,597 completed wind-downs

Cost of the wind-down72.7% of realisation

the median is 9.5%

Surplus returnedYes

72% of completed wind-downs returned a surplus to members

SizeRs 11.00 L

below the median realisation of Rs 66.00 L

Reading this record

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 3.00 L in surplus was returned to members.

The NCLT order

Read from the document itself

Bench
CHANDIGARH BENCH (COURT- II)
Case number
CP(IB)-261/CHD/HRY/2022
Order date
16 Apr 2024

Company dissolved from the date of this judgement

What the bench said

affairs of the Company have been completely wound up, and its assets completely liquidated and there is no litigation pending against the Company.

Statutory observations

The ROC has filed its report on 27.10.2022 and has not raised any objection.

16 Apr 2024 · CP(IB)-261/CHD/HRY/2022 · 9 pages Read the order

The wind-down, stage by stage

6 dated stages

752 days to dissolve
  1. 26 Mar 2022 Liquidation commenced
  2. 29 Mar 2022 Public announcement
  3. 2 May 2022 Preliminary report
  4. 8 Aug 2022 Final report
  5. 16 Apr 2024 NCLT order
  6. 16 Apr 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
subsidiary of company incorporated outside India
Listing
Unlisted
State
Haryana
ROC
ROC Delhi
Industry
Business Services
PIN
122011
Incorporated
24 Jan 2019
Authorised capital
Rs 13.00 Cr
Paid-up capital
Rs 11.41 Cr
CIN
U74999HR2019FTC078099
Registered office
F-2902, Ireo Grand Arch, Sector 58, Gurugram,HARYANA,Gurgaon,Haryana,122011-India
Company registry · MCA data as on 12 Jun 2026. Capital figures are shown separately from the wind-down financials.

Creditors and claims

As the order records them

Creditor approval

There were no creditors in the Company as of 26.03.2022, hence no consent was taken

Litigation and delays

The frictions the order records

Litigation

No inquiry/inspection/complaint/legal action has been proceeded /pending against the subject Company.

Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error

Keep exploring.

See other companies in the voluntary liquidation register.

All voluntary liquidations