Solvent wind-down · IBC Section 59
Ritesh Polysters Limited
U17110TG1988PLC009012 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹0.03 Cr
Amount due to creditors
₹0.00 Cr
Amount paid to creditors
₹0.00 Cr
Liquidation expenses
₹0.03 Cr
Surplus to members
₹0.00 Cr
Time to dissolve
514 days
Commenced
11 Dec 2023
Dissolved
8 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.
Company · MCA master
MCA status
Dissolved under section 59(8)
Company class
Public
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
2 Sep 1988
Authorised capital
₹7.25 Cr
Paid-up capital
₹6.18 Cr
ROC
ROC Hyderabad
Industry
Manufacturing (Textiles)
PIN
500003
Registered office
604, SWAPNALOK COMPLEX, S.D. ROAD,SECUNDERABAD,Hyderabad,Telangana,500003-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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