Solvent wind-down · IBC Section 59
Printpack Packaging Supplies (India) Private Limited
U21098KA2012PTC062253 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹1.65 Cr
Amount due to creditors
₹0.00 Cr
Amount paid to creditors
₹0.00 Cr
Liquidation expenses
₹0.10 Cr
Surplus to members
₹1.55 Cr
Time to dissolve
866 days
Commenced
25 Mar 2021
Dissolved
8 Aug 2023
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, ₹1.55 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
25 Jan 2012
Authorised capital
₹5.00 Cr
Paid-up capital
₹2.93 L
ROC
ROC Bangalore
Industry
Manufacturing (Paper and Paper products, Publishing, printingand reproduction of recorded media)
PIN
560037
Registered office
2nd Floor, Inspire Workspace, # 134 & 135, Karthik Nagar, LRDE Layout, Doddanekundi,Bangalore,Bangalore,Karnataka,560037-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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