Reconstructive Surgery India
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 3.00 L. Reported payout equals 100.0% of dues.
All financial figures & reading notes
| Realisation of assets | Rs 5.00 L |
|---|---|
| Amount due to creditors | Rs 3.00 L |
| Amount paid to creditors | Rs 3.00 L |
| Liquidation expenses | Rs 2.00 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 register313 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. Creditor dues were met with no surplus remaining after costs.
The NCLT order
Read from the document itself
- Bench
- Hyderabad Bench – 1
- Case number
- CP (IB) No. 27/59/HDB/2024
- Order date
- 29 Jul 2024
Dissolved effective order date
Statutory observations
RoC observed that applicant company may first seek to revoke/surrender its license by an application to the Central Government as per Section 8(6) of the Companies Act, 2013 and thereafter convert itself to another form of Company.
Why the company wound up
In the order's own words
failed to obtain necessary approval under Foreign Contribution Regulation Act, as such the company is unable to raise foreign funds from foreign entities to carry out the operations more effectively and efficiently for which the company was incorporated
- What it was set up to do
- Formulation of companies with charitable objects
- What it was doing by the end
- failed to obtain necessary approval under Foreign Contribution Regulation Act, as such the company is unable to raise foreign funds from foreign entities to carry out the operations more effectively and efficiently for which the company was incorporated
The wind-down, stage by stage
7 dated stages
- 20 Sep 2023 Declaration of solvency
- 22 Sep 2023 Board resolution to wind up
- 28 Sep 2023 Liquidation commenced
- 1 Oct 2023 Public announcement
- 29 Jul 2024 Last hearing
- 29 Jul 2024 NCLT order
- 29 Jul 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
- subsidiary of company incorporated outside India
- Listing
- Unlisted
- State
- Telangana
- ROC
- ROC Hyderabad
- Industry
- Community, personal and Social Services
- PIN
- 500081
- Incorporated
- 29 Mar 2012order says 28 May 1987
- Authorised capital
- Rs 1.00 L
- Paid-up capital
- Rs 0
- CIN
- U85100TG2012NPL080017
- Registered office
- PLT NOS.188 189 RR TOWERS WEST BLOCK 5TH FLOOR KAVURI HILLS, PHASE -I, MADHAPUR,HYDERABAD,Hyderabad,Telangana,500081-India
The money, as the order printed it
Rs as stated in the document — not the crore figures above
What the company held
there is no assets in the Company
Creditors and claims
As the order records them
the Liquidator did not receive any claims from the stakeholders. It is further stated that the outstanding amount to the creditors as per the financial statements as on the liquidation commencement date were paid in full.
Creditor approval
No objection certificate from the creditors dated 28.09.2023 is annexed as Annexure-E.
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.