Solvent wind-down · IBC Section 59
Saffron Nonwoven Private Limited
U18101GJ2011PTC066644 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹1.14 Cr
Amount due to creditors
₹1.13 Cr
Amount paid to creditors
₹1.13 Cr
Liquidation expenses
₹0.02 Cr
Surplus to members
₹0.00 Cr
Time to dissolve
311 days
Commenced
1 May 2023
Dissolved
7 Mar 2024
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.
Creditor dues were met with no surplus remaining after costs.
Company · MCA master
MCA status
Dissolved under section 59(8)
Company class
Private
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
5 Aug 2011
Authorised capital
₹3.00 Cr
Paid-up capital
₹3.00 Cr
ROC
ROC Ahmedabad
Industry
Manufacturing (Textiles)
PIN
382110
Registered office
Plot No. 17, Sopan Kesar, Industrial Hub, NH -8A, Nr.Railway Crossing, Vill.Moraiya, Tal.S,anand,Moraiya,Gujarat,382110-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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