Solvent wind-down · IBC Section 59
Priestley Dugal and Co (India) Private Ltd
U27109DL1955PTC002495 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹0.45 Cr
Amount due to creditors
—
Amount paid to creditors
—
Liquidation expenses
₹0.04 Cr
Surplus to members
₹0.41 Cr
Time to dissolve
624 days
Commenced
4 Apr 2019
Dissolved
18 Dec 2020
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, ₹0.41 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved (Liquidated)
Company class
Private
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
29 Mar 1955
Authorised capital
₹15.00 L
Paid-up capital
₹8.78 L
ROC
ROC Delhi
Industry
Manufacturing (Metals and Chemicals, and products thereof)
PIN
110085
Registered office
B-22, ORIENTAL APARTMENTS, SECTOR-9 ROHINI,DELHI,Delhi,110085-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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