Solvent wind-down · IBC Section 59
Snap Finserv Private Limited
U65999DL2017PTC325213 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹2.13 Cr
Amount due to creditors
₹0.00 Cr
Amount paid to creditors
₹0.00 Cr
Liquidation expenses
₹0.04 Cr
Surplus to members
₹2.09 Cr
Time to dissolve
547 days
Commenced
4 Aug 2022
Dissolved
2 Feb 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.
Here, ₹2.09 Cr in surplus was returned to members.
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
23 Oct 2017
Authorised capital
₹2.00 Cr
Paid-up capital
₹2.00 Cr
ROC
ROC Delhi
Industry
Finance
PIN
110009
Registered office
HOUSE NO-17, BASEMENT FLOOR BLK-F-11, MODEL TOWN,DELHI,North Delhi,Delhi,110009-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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