Sambandam Dairy Farm Private Limited
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 0. No payout percentage is calculated against zero or negative dues.
All financial figures & reading notes
| Realisation of assets | Rs 2.25 Cr |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 22.00 L |
| Surplus to members | Rs 2.03 Cr |
"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 register101 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
above 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. Here, Rs 2.03 Cr in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- DIVISION BENCH – II, CHENNAI
- Case number
- CP (IBC)/50 (CHE)2024
- Order date
- 26 Jul 2024
Dissolved effective order date
What the bench said
affairs of the Company have been completely wound up and the assets of the Applicant Company have been completely liquidated
Why the company wound up
In the order's own words
due to increase in the cost of maintance of cows in extra ordinary general meeting held on 12.01.2022 decided to close the dairy farm business.
The wind-down, stage by stage
7 dated stages
- 23 Jan 2023 Board resolution to wind up
- 25 Feb 2023 Liquidation commenced
- 27 Feb 2023 Public announcement
- 5 Apr 2023 Preliminary report
- 20 Feb 2024 Final report
- 26 Jul 2024 NCLT order
- 26 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
- Non-government company
- Listing
- Unlisted
- State
- Tamil Nadu
- ROC
- ROC Coimbatore
- Industry
- Manufacturing (Food stuffs)
- PIN
- 636014
- Incorporated
- 25 Mar 1992
- Authorised capital
- Rs 5.00 Cr
- Paid-up capital
- Rs 1.20 Cr
- CIN
- U15100TZ1992PTC003700
- Registered office
- KAMARAJNAGAR COLONY SALEM,SALEM,Tamil Nadu,636014-India
The money, as the order printed it
Rs as stated in the document — not the crore figures above
What the company held
no fixed assets to be sold and realized except the bank balances of the company
Unclaimed proceeds
52362
Creditors and claims
As the order records them
no stakeholders and no claims have been received
Litigation and delays
The frictions the order records
Litigation
no PUFE applications pending
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.