Ras Polybuild Products 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 1.10 Cr |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 6.00 L |
| Surplus to members | Rs 1.03 Cr |
"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 register1,073 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 1.03 Cr in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- Hyderabad Bench - II
- Case number
- CP(IB) No.228/59/HDB/2024
- Order date
- 9 Apr 2025
Dissolved effective order date
What the bench said
Satisfied that the liquidation process is completed as per the procedure laid down under IBC 2016, and affairs of the Corporate Person have been completely wound up.
Statutory observations
RoC reported status as Active Compliant and Active with no open charges; raised query regarding foreign shareholders under FERA/FEMA and beneficial interest under Companies Act 2013.
Why the company wound up
In the order's own words
non-availability of business prospects and long term financial resources
- What it was set up to do
- carrying out the business of producing moulded building elevation components and fittings, moulded furniture, selling variety of moulds etc.
- What it was doing by the end
- Company's business operations have become standstill since 2014, and the Company has sold its fixed assets including factory and building to the unrelated parties and discharged other liabilities.
The wind-down, stage by stage
5 dated stages
- 28 Jul 2020 Board resolution to wind up
- 22 Aug 2020 Liquidation commenced
- 23 Sep 2020 Last date for creditors to claim
- 9 Apr 2025 NCLT order
- 9 Apr 2025 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
- Telangana
- ROC
- ROC Hyderabad
- Industry
- Construction
- PIN
- 500034
- Incorporated
- 27 Oct 1994
- Authorised capital
- Rs 60.00 L
- Paid-up capital
- Rs 60.00 L
- CIN
- U45200TG1994PTC018637
- Registered office
- H.No.8-2-293/82/HH/94, Plot.No.94, Huda Heights, Road No.12, Banjara Hills,Hyderabad,Hyderabad,Telangana,500034-India
The money, as the order printed it
Rs as stated in the document — not the crore figures above
What the company held
The Company has no assets, as such, had voluntarily liquidated itself so as to get dissolved.
Unclaimed proceeds
Rs 12,39,534.74 transferred to the Corporate Voluntary Liquidation Account in accordance with IBBI regulations due to non-submission of details by three non-resident shareholders.
Creditors and claims
As the order records them
no claims have been received by the Liquidator
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.