Sikich India Technologies 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 21.00 L. Reported payout equals 100.0% of dues.
All financial figures & reading notes
| Realisation of assets | Rs 77.00 L |
|---|---|
| Amount due to creditors | Rs 21.00 L |
| Amount paid to creditors | Rs 21.00 L |
| Liquidation expenses | Rs 28.00 L |
| Surplus to members | Rs 28.00 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 register522 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 28.00 L in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- Mumbai Bench, Court-I
- Case number
- Company Petition (IB) 563/MB/2023
- Order date
- 11 Jan 2024
Company shall be dissolved from the date of this order.
What the bench said
On examining the submission made by the counsel appearing for the Petitioner and the documents annexed to the petition it appears that the affairs of the company have been completely wound up, and its assets have been completely liquidated.
Why the company wound up
In the order's own words
as per instructions received from Reserve Bank of India
- What it was set up to do
- to carry on the business as developers, designers, assemblers, repairers, researches, maintenance engineers, buyers, sellers, publisher, importers, exporters, agent, licensors, heirs, consultant, advisors and dealers in all types direct and related technologies, equipment's, accessories, consumables, spare parts, electronic and mechanical devices, products, research and development activities and services in the field of information technology, telecommunications and communications aeronautics, marine and land, safety, and security, optical and optics, nuclear and nanotechnology, gas and power, media and publications, multimedia and graphics, software and computer hardware, network and networking, internet and world wide web both in India and overseas.
The wind-down, stage by stage
9 dated stages
- 11 Feb 2020 Declaration of solvency
- 27 Nov 2020 Board resolution to wind up
- 27 Nov 2020 Liquidation commenced
- 30 Nov 2020 Public announcement
- 26 Dec 2020 Last date for creditors to claim
- 8 Jan 2021 Preliminary report
- 27 May 2023 Final report
- 11 Jan 2024 NCLT order
- 11 Jan 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
- Maharashtra
- ROC
- ROC Pune
- Industry
- Business Services
- PIN
- 411004
- Incorporated
- 24 Jan 2015
- Authorised capital
- Rs 1.00 L
- Paid-up capital
- Rs 1.00 L
- CIN
- U72900PN2015PTC176297
- Registered office
- Office No. 2A, 2nd Floor, Dhavalshree Apartments 1244/45, Deccan Gymkhana, Apte Road,Pune,Pune,Maharashtra,411004-India
Directors named in the order
James Leo Drumm · Thomas Paul Luken
Creditors and claims
As the order records them
Claims was received from the shareholders and the list of stakeholders in compliance of Regulation 30 was prepared.
Creditor approval
Not applicable as the company does not have any debts or liabilities
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.