Solvent wind-down · IBC Section 59
Providence Equity Advisors India Private Limited
U67110DL2007PTC183974 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹2.49 Cr
Amount due to creditors
—
Amount paid to creditors
—
Liquidation expenses
₹1.52 Cr
Surplus to members
₹0.97 Cr
Time to dissolve
885 days
Commenced
20 Apr 2020
Dissolved
22 Sep 2022
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, ₹0.97 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
12 Apr 2007
Authorised capital
₹1.00 Cr
Paid-up capital
₹99.26 L
ROC
ROC Delhi
Industry
Finance
PIN
110017
Registered office
S-217, Ground Floor, Panchsheel Park,New Delhi,South Delhi,Delhi,110017-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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