Solvent wind-down · IBC Section 59
Saras Permanent Fund Limited
U65991TN1996PLC035174 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹3.15 Cr
Amount due to creditors
₹3.11 Cr
Amount paid to creditors
₹3.11 Cr
Liquidation expenses
₹0.04 Cr
Surplus to members
₹0.00 Cr
Time to dissolve
170 days
Commenced
22 Apr 2025
Dissolved
9 Oct 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.
Creditor dues were met with no surplus remaining after costs.
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
12 Apr 1996
Authorised capital
₹26.00 L
Paid-up capital
₹25.67 L
ROC
ROC Chennai
Industry
Finance
PIN
600050
Registered office
PLOT-1189,SECTOR-3,STREET-16,ANNA NAGAR, WESTERN EXTENSION,,MOGAPPAIR,MADRAS-50,Tamil Nadu,600050-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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