SGS Enterprises India 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 15.58 Cr |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 1.21 Cr |
| Surplus to members | Rs 14.37 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 register1,589 days slower 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 14.37 Cr in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- New Delhi Special Bench Court - IV
- Case number
- C.P.(IB)/163/ND/2022
- Order date
- 16 Oct 2023
Dissolved effective order date
What the bench said
The liquidator has duly performed his duties and completed necessary formalities, affairs completely wound up, assets liquidated, no unsatisfied liabilities, and application stands allowed.
Statutory observations
Registrar of Companies observed that the liquidation process could not be completed within the time period of one year as prescribed under regulation 37(1).
The wind-down, stage by stage
10 dated stages
- 6 Sep 2017 Board resolution to wind up
- 6 Sep 2017 Declaration of solvency
- 30 Sep 2017 Liquidation commenced
- 10 Oct 2017 Public announcement
- 9 Nov 2017 Last date for creditors to claim
- 13 Nov 2017 Preliminary report
- 17 Nov 2021 Final report
- 17 Nov 2021 Final report filed with the ROC
- 16 Oct 2023 NCLT order
- 16 Oct 2023 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
- Delhi
- ROC
- ROC Delhi
- Industry
- Business Services
- PIN
- 110092
- Incorporated
- 11 Jul 2001
- Authorised capital
- Rs 4.50 Cr
- Paid-up capital
- Rs 1.08 Cr
- CIN
- U72900DL2001PTC111639
- Registered office
- F-207, SIKKA MANSION, 5, LSC, SAVITA VIHAR,DELHI,Delhi,110092-India
Shareholding as the order states it
| Member | Shares | % |
|---|---|---|
| Mr. Jaidev | ||
| Mrs. Sumitra Gupta | ||
| Mr. Rajiv Kumar Agarwal | ||
| Mr. Vijay Agarwal | ||
| Jaidev & Sons (HUF) |
The money, as the order printed it
Rs as stated in the document — not the crore figures above
What the company held
Investment in mutual fund
Creditors and claims
As the order records them
One claim from sole creditor paid on 10.06.2019; Income Tax Department claim of 2212803.00 withdrawn after no demands found pending.
Creditor approval
Approved by sole creditor on 06.10.2017
Litigation and delays
The frictions the order records
Litigation
No litigation pending
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.