Silver Spring Networks India Llp
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 3.00 L |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 3.00 L |
| Surplus to members | Rs 0 |
"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 register95 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.
The NCLT order
Read from the document itself
- Bench
- NEW DELHI COURT - VI
- Case number
- CP (IB)-870/ND/2024
- Order date
- 4 Sep 2025
Dissolved effective order date
What the bench said
Upon perusal of the petition and the documents attached therein we are satisfied that all the statutory requirements decreed upon the applicant in accordance with Section 59 of the IBC, 2016 read with the corresponding regulations under IBBI (Voluntary Liquidation Process) Regulations, 2017, have been fulfilled.
Why the company wound up
In the order's own words
The Limited Liability Partnership has not carried on any operations and also the Management foresees no prospective business
- What it was set up to do
- carrying on the business of marketing, sale, distribution, and development of the products and services of the First Party in India, together with any and all other activities related thereto
- What it was doing by the end
- The Limited Liability Partnership has not carried on any operations and also the Management foresees no prospective business
The wind-down, stage by stage
10 dated stages
- 30 Mar 2024 Board resolution to wind up
- 30 Mar 2024 Declaration of solvency
- 30 Mar 2024 Liquidation commenced
- 3 Apr 2024 Public announcement
- 29 Apr 2024 Last date for creditors to claim
- 18 Nov 2024 Final report
- 20 Nov 2024 Final report filed with the ROC
- 20 Nov 2024 Final report filed with IBBI
- 4 Sep 2025 NCLT order
- 4 Sep 2025 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)
- ROC
- ROC Delhi I
- Industry
- Trading
- Incorporated
- 2 May 2017
- CIN
- AAJ3127
- Registered office
- H-63, GROUND FLOOR, VIJAY CHOWK, LAXMI NAGAR, DELHI,DELHI,New Delhi,Delhi,India-110092
Directors named in the order
Chiranjivi Abhishek · Abhishek Saxena
Creditors and claims
As the order records them
The Liquidator of the LLP had received no claims as no debts were required to be discharged.
Creditor approval
The Liquidator of the LLP had received no claims as no debts were required to be discharged.
Litigation and delays
The frictions the order records
Litigation
The RoC has filed its report dated 01.05.2025, whereby it was stated that as per data available and maintained no inquiry/ inspection /complaint/legal action has been proceeded/pending against the subject LLP.
Why it took as long as it did
The Liquidator further submitted that as the liquidation process could not be completed within the stipulated time, he complied with the provisions under Regulation 37 of the IBBI (Voluntary Liquidation process) Regulations, 2017.
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.