Sub-K Impact Finance 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 ₹ crore, shown in lakh below ₹1 crore
Where the money went
Share of realisationAmount due to creditors: ₹0. No payout percentage is calculated against zero or negative dues.
All financial figures & reading notes
| Realisation of assets | ₹2.23 Cr |
|---|---|
| Amount due to creditors | ₹0 |
| Amount paid to creditors | ₹0 |
| Liquidation expenses | ₹5.00 L |
| Surplus to members | ₹2.19 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 register128 days faster than the median of 618 days across 1,583 completed wind-downs
the median is 9.5%
72% of completed wind-downs returned a surplus to members
above the median realisation of ₹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, ₹2.19 Cr in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- HYDERABAD BENCH - 1
- Case number
- CP(IB)NO.237/59/HDB/2024
- Order date
- 3 Dec 2025
Dissolved with immediate effect
What the bench said
The Liquidator has complied with all the conditions and procedural requirements as specified under Section 59 of IBC and Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017, before initiating voluntary liquidation process of the Corporate Person and we find that the affairs of the Corporate Person have been completely wound up.
Statutory observations
ROC observed regarding beneficial interest under Section 89 or 90 of CA 2013 and intimation to regulatory authorities like RBI
Why the company wound up
In the order's own words
Company has not obtained the NBFC license from the Reserve Bank of India (RBI) and, consequently, has not commenced any business activities since its inception
- What it was set up to do
- engaged in the business of finance, specializing in hire purchase and leasing services
- What it was doing by the end
- has not commenced any business activities since its inception
The wind-down, stage by stage
10 dated stages
- 29 Jul 2024 Board resolution to wind up
- 29 Jul 2024 Declaration of solvency
- 31 Jul 2024 Liquidation commenced
- 3 Aug 2024 Public announcement
- 2 Sep 2024 Last date for creditors to claim
- 12 Sep 2024 Preliminary report
- 5 Dec 2024 Final report filed with the ROC
- 5 Dec 2024 Final report filed with IBBI
- 3 Dec 2025 NCLT order
- 3 Dec 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
- Dissolved under section 59(8)
- Company class
- Private
- Category
- Company limited by shares
- Sub-category
- Non-government company
- Listing
- Unlisted
- State
- Telangana
- ROC
- ROC Hyderabad
- Industry
- Finance
- PIN
- 500001
- Incorporated
- 2 Jan 2020
- Authorised capital
- ₹2.00 Cr
- Paid-up capital
- ₹2.00 Cr
- Registered office
- 3rd Floor., Surabhi Arcade, Troop Bazar, Bank Street, Koti,HYDERABAD,Hyderabad,Telangana,500001-India
Directors named in the order
Sasidhar Narasimha Thumuturi · Jitender Kalwani · Swati Bhargava Desai
The money, as the order printed it
₹ as stated in the document — not the crore figures above
- Total receipts
- ₹2.23 Cr
- Total payments
- ₹2.23 Cr
- Liquidation cost
- ₹4.73 L
Receipts
| Sale of Assets | ₹0 |
|---|---|
| Refund from Statutory Authorities (Refund of Income Tax) | ₹21,450 |
| Cash/ Bank Balance | ₹2.23 Cr |
| Realization of Uncalled / unpaid capital contribution | ₹0 |
| Distribution of unsold assets | ₹0 |
| Any other | ₹0 |
Payments
| Realization of Security Interest [Sec.52(1)(b)] | ₹0 |
|---|---|
| Liquidation Cost [Sec.53(1)(a)] | ₹4.73 L |
| Workmen's Dues [Sec.53(1)(b)(i)] | ₹0 |
| Debts of Secured Creditors [Sec.53(1)(b)(ii)] | ₹0 |
| Wages and Unpaid Dues to Employees (Sec.53(1)(c)] | ₹0 |
| Debts of Unsecured Financial Creditors [Sec.53(1)(d)] | ₹0 |
| Government Dues + Amount Unpaid following Enforcement of Security Interest [Sec.53(1)(e)] | ₹0 |
| Any remaining Debts and Dues [Sec.53(1)(f)] | ₹0 |
| Preference Shareholders (Sec.53(1)(g)] | ₹0 |
| Equity Shareholders [Sec.53(1)(h)] | ₹2.19 Cr |
Distributed to members
| Sub-K Impact Solutions Limited | ₹2.19 Cr |
|---|---|
| Sasidhar N. Thumuluri (Nominee of Sub-K Impact Solutions Limited) | ₹10 |
Section 53 of the IBC read with Regulation 35 of IBBI (Voluntary Liquidation Process) Regulations, 2017
What the company held
Cash and Bank Balance ₹23,99,725.52, Fixed Deposits with the Banks ₹2,00,00,000.00
Creditors and claims
As the order records them
no claims have been received from any of them
Creditor approval
since the Applicant Company does not owe any debts to secured or unsecured creditors, the requirement to obtain consent from creditors on the resolution passed under Clause (c) does not arise.
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.