Solvent wind-down · IBC Section 59

Rushil Constructions (India) Private Limited

U45400KA2007PTC127672 · Company
Dissolved (Liquidated)
Liquidation outcome · IBC s.59
Realisation of assets
₹17.87 Cr
Amount due to creditors
Amount paid to creditors
Liquidation expenses
₹0.01 Cr
Surplus to members
₹17.86 Cr
Time to dissolve
478 days
Commenced
2 Dec 2020
Dissolved
25 Mar 2022
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, ₹17.86 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved (Liquidated)
Company class
Private
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
4 May 2007
Authorised capital
₹69.00 Cr
Paid-up capital
₹51.74 Cr
ROC
ROC Bangalore
Industry
Construction
PIN
560102
Registered office
No376,Trinity Square Building Right Wing,4th Floor 14th B Cross, 5th Main, Sector-6, HSR La,yout,Bangalore,Bangalore,Karnataka,560102-India
Liquidator
ICSI Institute of Insolvency Professiona
IBBI/IPA-002/IP-N00291/2017-18/10849
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