Solvent wind-down · IBC Section 59

Redmart India Private Limited

U74900KA2014FTC075208 · Company
Dissolved under section 59(8)
Liquidation outcome · IBC s.59
Realisation of assets
₹1.10 Cr
Amount due to creditors
₹0.00 Cr
Amount paid to creditors
₹0.00 Cr
Liquidation expenses
₹0.01 Cr
Surplus to members
₹1.09 Cr
Time to dissolve
1,159 days
Commenced
28 Mar 2022
Dissolved
30 May 2025
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, ₹1.09 Cr in surplus was returned to members.
Company · MCA master
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
Incorporated
4 Jul 2014
Authorised capital
₹25.00 L
Paid-up capital
₹1.44 L
ROC
ROC Bangalore
Industry
Business Services
PIN
560098
Registered office
3rd Floor, No 1139, Maruthi Complex,3rd Stage,BEML Layout, Rajarajeshwarinagar, Halagevader,ahally,Bangalore,Bangalore,Karnataka,560098-India
Liquidator
ICSI Institute of Insolvency Professiona
IBBI/IPA-002/IP-N00016/2016-2017/10030
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