R.S. Commodities 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 3.00 L |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 3.00 L |
| Surplus to members | Rs 0 |
"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 register233 days faster 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
below 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.
The NCLT order
Read from the document itself
- Bench
- NEW DELHI BENCH-VI
- Case number
- CP (IB)-374/ND/2023
- Order date
- 27 Feb 2024
Dissolved effective order date
What the bench said
In view of the foregoing steps taken and the satisfaction accorded by the Liquidator by way of the present application, there is no legal impediment in allowing the prayer of the applicant.
Statutory observations
RoC reported no pending investigations/inquiry/complaint/legal action. Chartered Accountant confirmed no statutory dues and no preferential/undervalued/related party/extortionate credit transactions.
Why the company wound up
In the order's own words
No fruitful purpose would be served in reviving the business as trading operations were suspended for a long time.
- What it was set up to do
- trading in agricultural products, metals including precious metals, precious stones, diamonds, petroleum and energy products and all other commodities and securities, in spot markets and in future of all kinds of derivatives
- What it was doing by the end
- The company had suspended its trading operations since a long time.
The wind-down, stage by stage
9 dated stages
- 10 Jan 2023 Declaration of solvency
- 12 Jan 2023 Board resolution to wind up
- 7 Feb 2023 Liquidation commenced
- 10 Feb 2023 Public announcement
- 8 May 2023 Final report
- 8 May 2023 Final report filed with the ROC
- 8 May 2023 Final report filed with IBBI
- 27 Feb 2024 NCLT order
- 27 Feb 2024 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
- Delhi
- ROC
- ROC Delhi
- Industry
- Trading
- PIN
- 110002
- Incorporated
- 17 Mar 2006
- Authorised capital
- Rs 1.00 Cr
- Paid-up capital
- Rs 1.00 Cr
- CIN
- U51101DL2006PTC147646
- Registered office
- 4735/22, ROOM NO 219, PRAKASH DEEP BUILDING, 2ND FLOOR, DELHI MEDICAL ASSOCIATION ROAD, D,ARYA GANJ,DELHI,Delhi,110002-India
Directors named in the order
Rajesh Kumar Patni · Susheel Kumar Jain
The money, as the order printed it
Rs as stated in the document — not the crore figures above
What the company held
The company does not have any movable or immovable assets.
Creditors and claims
As the order records them
No claim from any stakeholder had been received in response to the published public announcement.
Creditor approval
The Applicant Company does not have any Creditors hence their consent is not required
Litigation and delays
The frictions the order records
Litigation
No pending investigations under Company Act, 2013 or any previous Company Law against the Applicant Company.
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.