Solvent wind-down · IBC Section 59
Sipal Engineering Private Limited
U74900DL2016PTC290469 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹1.30 Cr
Amount due to creditors
₹0.04 Cr
Amount paid to creditors
₹0.04 Cr
Liquidation expenses
₹0.12 Cr
Surplus to members
₹1.14 Cr
Time to dissolve
980 days
Commenced
11 Nov 2019
Dissolved
18 Jul 2022
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.
Here, ₹1.14 Cr in surplus was returned to members.
Company · MCA master
MCA status
Under Liquidation
Company class
Private
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
2 Feb 2016
Authorised capital
₹1.70 Cr
Paid-up capital
₹1.59 Cr
ROC
ROC Delhi
Industry
Business Services
PIN
110046
Registered office
2nd Floor, Harbans Bhawan-II Commercial Complex, Nangal Raya,New Delhi,South West Delhi,Delhi,110046-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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