Solvent wind-down · IBC Section 59

Skava Systems Private Limited

U72200TZ2003PTC010618 · Company
Dissolved under section 59(8)
Liquidation outcome · IBC s.59
Realisation of assets
₹82.87 Cr
Amount due to creditors
₹0.03 Cr
Amount paid to creditors
₹0.03 Cr
Liquidation expenses
₹11.37 Cr
Surplus to members
₹0.00 Cr
Time to dissolve
602 days
Commenced
23 Mar 2023
Dissolved
14 Nov 2024
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. Creditor dues were met with no surplus remaining after costs.
Company · MCA master
MCA status
Dissolved under section 59(8)
Company class
Private
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
4 Jun 2003
Authorised capital
₹5.00 L
Paid-up capital
₹2.50 L
ROC
ROC Coimbatore
Industry
Business Services
PIN
641004
Registered office
16/3, Shri Lakshmi Nagar, Phase II, Thaneerpandal Main Road, Peelamedu,Coimbatore,Coimbatore,Tamil Nadu,641004-India
Liquidator
ICSI Institute of Insolvency Professiona
IBBI/IPA-002/IP-N00075/2017-18/10206
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