Solvent wind-down · IBC Section 59
Propeller Ads Private Limited
U72900KA2022FTC163782 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹0.07 Cr
Amount due to creditors
₹0.00 Cr
Amount paid to creditors
₹0.00 Cr
Liquidation expenses
₹0.06 Cr
Surplus to members
₹0.02 Cr
Time to dissolve
499 days
Commenced
28 Feb 2024
Dissolved
11 Jul 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, ₹0.02 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
subsidiary of company incorporated outside India
Listing
Unlisted
Incorporated
14 Jul 2022
Authorised capital
₹20.00 L
Paid-up capital
₹20.00 L
ROC
ROC Bangalore
Industry
Business Services
PIN
560001
Registered office
C/o We Work, No 36, Prestige Central,Infantry Road,Bangalore North,Bangalore,Karnataka,560001-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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