Sterling Fabory India Private Limited
The wind-down at a glance. Follow the recorded outcome, financials and people behind this company.
What did the wind-down return?
Reported financials Rs crore, shown in lakh below Rs 1 crore
Where the money went
Share of realisationAmount due to creditors: Rs 0. No payout percentage is calculated against zero or negative dues.
All financial figures & reading notes
| Realisation of assets | Rs 2.33 Cr |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 6.00 L |
| Surplus to members | Rs 2.27 Cr |
"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 register240 days faster than the median of 618 days across 1,597 completed wind-downs
the median is 9.5%
72% of completed wind-downs returned a surplus to members
above the median realisation of Rs 66.00 L
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. Here, Rs 2.27 Cr in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- COURT V, NEW DELHI
- Case number
- IB-308/ND/2023
- Order date
- 16 Jun 2023
What the bench said
Liquidator is found to have complied with the statutory provision to complete the liquidation process by taking necessary steps
Statutory observations
company is not found involved in such kind of business activities, which are detrimental to the interest of the public at large
Why the company wound up
In the order's own words
no business opportunities available
- What it was set up to do
- wholesale distribution, supply chain and vender management of non-automotive and automotive fasteners and standard and non-standard non-automotive electronic and other component, part, assemblies and sub-assemblies and fittings of all kinds and for all industries and component thereto
- What it was doing by the end
- not carrying any business since November 2021 due to no business opportunities available
The wind-down, stage by stage
5 dated stages
- 10 May 2022 Board resolution to wind up
- 3 Jun 2022 Liquidation commenced
- 5 Jun 2022 Public announcement
- 16 Jun 2023 NCLT order
- 16 Jun 2023 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
- Dissolved under section 59(8)
- Company class
- Private
- Category
- Company limited by shares
- Sub-category
- Non-government company
- Listing
- Unlisted
- State
- Delhi
- ROC
- ROC Delhi
- Industry
- Trading
- PIN
- 110025
- Incorporated
- 9 Mar 2010
- Authorised capital
- Rs 8.00 Cr
- Paid-up capital
- Rs 6.81 Cr
- CIN
- U51900DL2010PTC199832
- Registered office
- UNIT NO. 515, DLF TOWER A JASOLA DISTRICT CENTRE,NEW DELHI,South Delhi,Delhi,110025-India
Directors named in the order
Mr. Anil Aggarwal · Mr. Atul Aggarwal · Mr. Fracisco Lobelle Terol · Mr. Rene Marcel Pit
The money, as the order printed it
Rs as stated in the document — not the crore figures above
What the company held
no other assets of the Corporate Person were left to be realized
Creditors and claims
As the order records them
not received any claims during the liquidation
Creditor approval
company has no creditors on the date of commencement of Liquidation
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.