Printpack Packaging Supplies (India) Private 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 1.65 Cr |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 10.00 L |
| Surplus to members | Rs 1.55 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 register248 days slower 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 1.55 Cr in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- SPECIAL BENCH, BENGALURU
- Case number
- C.P.(IB)No.44/BB/2023
- Order date
- 21 Apr 2023
Notice issued to the Registrar of Companies, Karnataka and the IBBI, New Delhi, case listed on 15.06.2023.
The wind-down, stage by stage
3 dated stages
- 25 Mar 2021 Liquidation commenced
- 21 Apr 2023 NCLT order
- 8 Aug 2023 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
- Non-government company
- Listing
- Unlisted
- State
- Karnataka
- ROC
- ROC Bangalore
- Industry
- Manufacturing (Paper and Paper products, Publishing, printingand reproduction of recorded media)
- PIN
- 560037
- Incorporated
- 25 Jan 2012
- Authorised capital
- Rs 5.00 Cr
- Paid-up capital
- Rs 2.93 L
- CIN
- U21098KA2012PTC062253
- Registered office
- 2nd Floor, Inspire Workspace, # 134 & 135, Karthik Nagar, LRDE Layout, Doddanekundi,Bangalore,Bangalore,Karnataka,560037-India
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.