Shivalik Medico 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
Reported amountsCreditor dues are not reported, so the payout cannot be assessed against them.
All financial figures & reading notes
| Realisation of assets | Rs 45.00 L |
|---|---|
| Amount due to creditors | Not reported |
| Amount paid to creditors | Not reported |
| Liquidation expenses | Rs 5.00 L |
| Surplus to members | Rs 40.00 L |
"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 register118 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
below 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 40.00 L in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- NEW DELHI BENCH-IV
- Case number
- (IB)-581/ND/2021
- Order date
- 24 Feb 2022
Dissolved effective order date
What the bench said
Necessary compliances of Section 59 and other relevant provisions of the Code and regulations have been stated within time.
Statutory observations
ROC has filed their reply stating that an Affidavit of Solvency was filed by the Director deposing that the Company was not being liquidated to defraud any person, and no objection has been raised by them.
Why the company wound up
In the order's own words
- What it was set up to do
- carry on the business of import and trading of medical equipment and supplies, establishing maintaining and running hospital, nursing homes etc.
- What it was doing by the end
- no significant business operation in the company
The wind-down, stage by stage
9 dated stages
- 14 Sep 2020 Board resolution to wind up
- 12 Oct 2020 Liquidation commenced
- 13 Oct 2020 Public announcement
- 20 Nov 2020 Preliminary report
- 19 Aug 2021 Final report
- 19 Aug 2021 Final report filed with the ROC
- 19 Aug 2021 Final report filed with IBBI
- 24 Feb 2022 NCLT order
- 24 Feb 2022 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 (Liquidated)
- Company class
- Private
- Category
- Company limited by shares
- Sub-category
- Non-government company
- Listing
- Unlisted
- State
- Delhi
- ROC
- ROC Delhi
- Industry
- Community, personal and Social Services
- PIN
- 110017
- Incorporated
- 13 Apr 1997
- Authorised capital
- Rs 5.00 L
- Paid-up capital
- Rs 1.82 L
- CIN
- U85110DL1997PTC086973
- Registered office
- A-179 SHIVALIK COLONY MALVIYA NAGAR,NEW DELHI,Delhi,110017-India
Creditors and claims
As the order records them
no claims were received from any creditor
Creditor approval
no claims were received from any creditor
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.