Radio Cine Forniture (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 84.00 L |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 3.00 L |
| Surplus to members | Rs 81.00 L |
"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 register1,001 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 81.00 L in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- MUMBAI BENCH, COURT - II
- Case number
- CP No. 273/IBC/2022
- Order date
- 2 Feb 2024
Dissolved with effect from the date of the present order
What the bench said
In view of the foregoing and in view of the satisfaction accorded by the Liquidator by way of the present application, and affidavit, the said applicant Company is hereby dissolved
Why the company wound up
In the order's own words
discontinued its business operations for last six years and did not have any plans to revive
- What it was set up to do
- carry on business of manufacturing, fabricating, converting etc.
- What it was doing by the end
- discontinued its business operations for last six years
The wind-down, stage by stage
9 dated stages
- 3 Aug 2019 Declaration of solvency
- 28 Aug 2019 Liquidation commenced
- 31 Aug 2019 Public announcement
- 8 Oct 2019 Preliminary report
- 18 Jan 2020 Final report
- 20 Jan 2020 Final report filed with the ROC
- 20 Jan 2020 Final report filed with IBBI
- 2 Feb 2024 NCLT order
- 2 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
- Maharashtra
- ROC
- ROC Mumbai
- Industry
- Manufacturing (Machinery and Equipments)
- PIN
- 400104
- Incorporated
- 24 Jun 2005
- Authorised capital
- Rs 1.00 Cr
- Paid-up capital
- Rs 1.00 Cr
- CIN
- U32300MH2005PTC154219
- Registered office
- B/703, AKANSHA ACME CHS LTD, OFF S V RD, OFF RUSTAMJI TOWER, INORBIT MALL GOREGAO,N WEST,MUMBAI,Mumbai City,Maharashtra,400104-India
Directors named in the order
Pradeep Ahuja · Satyanarayan Karkala Kamath
The money, as the order printed it
Rs as stated in the document — not the crore figures above
- Total receipts
- Rs 84.04 L
- Total payments
- Rs 3.41 L
- Liquidator fee
- Rs 1.70 L
- Liquidation cost
- Rs 3.41 L
Receipts
| Cash and Bank balance as on date of passing of the Special Resolution | Rs 83.08 L |
|---|---|
| Interest earned | Rs 96,673 |
Payments
| Cost of liquidation | Rs 3.41 L |
|---|
What the company held
Cash and Bank balance
Creditors and claims
As the order records them
Creditor approval
Company has no debt
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.