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RESEARCH From the Research Desk — The sub-Rs 100 crore acquisition market, sized. Read it →
Voluntary liquidation · IBC s.59

Skyline Associates Private Limited

CIN · U74899DL1986PTC025284 Company Delhi MCA · Active

The wind-down at a glance. Follow the recorded outcome, financials and people behind this company.

Process record Dissolution recorded

8 Jul 2025

View process timeline

What did the wind-down return?

Reported financials Rs crore, shown in lakh below Rs 1 crore

Assets realised
Rs 1.00 L
Value realised from assets
Paid to creditors
Rs 0
No creditor dues reported
Surplus to members
Rs 0
A zero surplus is recorded

Where the money went

Share of realisation
Creditors · 0.0%Rs 0
Expenses · 100.0%Rs 1.00 L
Members · 0.0%Rs 0

Amount due to creditors: Rs 0. No payout percentage is calculated against zero or negative dues.

All financial figures & reading notes
Amounts as recorded for this voluntary liquidation
Realisation of assetsRs 1.00 L
Amount due to creditorsRs 0
Amount paid to creditorsRs 0
Liquidation expensesRs 1.00 L
Surplus to membersRs 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 register
Time to dissolve347 days

271 days faster than the median of 618 days across 1,597 completed wind-downs

Cost of the wind-down100.0% of realisation

the median is 9.5%

Surplus returnedNo

72% of completed wind-downs returned a surplus to members

SizeRs 1.00 L

below the median realisation of Rs 66.00 L

Reading this record

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 Bench Court IV
Case number
C.P.(IB)/794/ND/2024
Order date
8 Jul 2025

Applicant Company shall stand dissolved with effect from the date of pronouncement this order.

What the bench said

The Liquidator, after his appointment has duly performed his duties and completed necessary formalities to complete the liquidation process of the Applicant Company. Affairs of the Applicant Company have been completely wound up and its assets have been completely liquidated and no liabilities have been left unsatisfied.

Statutory observations

RoC filed its report stating no inquiry / inspection / complaint / legal action has been shown pending against the subject Company, and has no objection to the application.

8 Jul 2025 · C.P.(IB)/794/ND/2024 · 9 pages Read the order

Why the company wound up

In the order's own words

What it was set up to do
To carry on the business as traders, importers and exporters and dealers in all type of engineering machinery and goods, carpets, linoleume and furnishing fabrics and other floor covering, curtain and other household requisites and equipments, leather, leatherette, Leatheroid, rubber, plastic, canvass, foam and rexin, readymade garments and of textile goods of all varieties and distinctions and hosiery goods, utensils, cutlery, art-wares and other goods made of brass, silver, electroplated nickle silver, aluminium and alloy metals, chemicals and antiques, brass-wares, industrial, minerals, brass wares and agricultural commodities, handicrafts and house hold goods.
What it was doing by the end
Discontinued its business operations 2-3 years back

The wind-down, stage by stage

11 dated stages

347 days to dissolve
  1. 19 Jul 2024 Board resolution to wind up
  2. 26 Jul 2024 Liquidation commenced
  3. 30 Jul 2024 Public announcement
  4. 25 Aug 2024 Last date for creditors to claim
  5. 8 Sep 2024 Preliminary report
  6. 13 Sep 2024 Declaration of solvency
  7. 28 Oct 2024 Final report
  8. 3 Dec 2024 Final report filed with the ROC
  9. 2 Jun 2025 Last hearing
  10. 8 Jul 2025 NCLT order
  11. 8 Jul 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
Active
Company class
Private
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
State
Delhi
ROC
ROC Delhi
Industry
Business Services
PIN
110025
Incorporated
29 Aug 1986
Authorised capital
Rs 10.00 L
Paid-up capital
Rs 6.22 L
CIN
U74899DL1986PTC025284
Registered office
PROP. NO. DTJ010 GROUND FLOOR DLF TOWER - B JASOLA,NEW DELHI,South Delhi,Delhi,110025-India
Company registry · MCA data as on 12 Jun 2026. Capital figures are shown separately from the wind-down financials.

The money, as the order printed it

Rs as stated in the document — not the crore figures above

What the company held

no assets available with the Company as on 31.03.2024 and thereafter

These are the figures the NCLT order prints, in rupees. The crore figures higher up the page come from IBBI's outcome file. They are different measurements from different sources and are shown separately on purpose — the Cr/Lakh switch does not touch them.

Creditors and claims

As the order records them

No claims have been received by the Applicant from operational creditors and employees.

Creditor approval

No claims have been received by the Applicant from operational creditors and employees.

Litigation and delays

The frictions the order records

Litigation

no litigation pending against the Corporate Person

Why it took as long as it did

since some compliances are still pending, the applicant needs further time of 15 days

Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error

Keep exploring.

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