Solvent wind-down · IBC Section 59

Speechmatics (India) Private Limited

U72900TN2019FTC132354 · Company
Dissolved under section 59(8)
Liquidation outcome · IBC s.59
Realisation of assets
₹0.07 Cr
Amount due to creditors
₹0.00 Cr
Amount paid to creditors
₹0.00 Cr
Liquidation expenses
₹0.06 Cr
Surplus to members
₹0.02 Cr
Time to dissolve
427 days
Commenced
10 May 2024
Dissolved
11 Jul 2025
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, ₹0.02 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
subsidiary of company incorporated outside India
Listing
Unlisted
Incorporated
4 Nov 2019
Authorised capital
₹10.00 L
Paid-up capital
₹1.00 L
ROC
ROC Chennai
Industry
Business Services
PIN
600119
Registered office
No-2458,TNSCB BL Chennai, TN - C, Semmanchery, Solinganallur, Chennai,Chennai,Chennai,Tamil Nadu,600119-India
Liquidator
Indian Institute of Insolvency Professio
IBBI/IPA-001/IP-P01159/2018-2019/12125
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