Solvent wind-down · IBC Section 59
Sanyo Lsi Technology India Private Limited
U31200KA1998PTC023796 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹26.72 Cr
Amount due to creditors
₹0.01 Cr
Amount paid to creditors
₹0.01 Cr
Liquidation expenses
₹0.23 Cr
Surplus to members
₹26.48 Cr
Time to dissolve
425 days
Commenced
22 Jun 2023
Dissolved
20 Aug 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.
Here, ₹26.48 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
Non-government company
Listing
Unlisted
Incorporated
29 May 1998
Authorised capital
₹6.20 Cr
Paid-up capital
₹6.11 Cr
ROC
ROC Bangalore
Industry
Manufacturing (Machinery and Equipments)
PIN
560041
Registered office
No. 591, 10A Main Road, 5th Block Jayanagar,Bangalore,Bangalore,Karnataka,560041-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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