Sunder Bhawar Holiday Homes Pvt. Ltd.
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
Reported amountsCreditor dues are not reported, so the payout cannot be assessed against them.
All financial figures & reading notes
| Realisation of assets | Rs 39.00 Cr |
|---|---|
| Amount due to creditors | Not reported |
| Amount paid to creditors | Not reported |
| Liquidation expenses | Rs 1.00 Cr |
| Surplus to members | Rs 38.00 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 register300 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 38.00 Cr in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- MUMBAI BENCH
- Case number
- CP 4444/IBC/NCLT/MAH/2018
- Order date
- 10 May 2019
Company shall be dissolved from the date of this order.
What the bench said
On examining the submission made by the counsel appearing for the petitioner and the documents annexed to the petition it appears that the affairs of the company have been completely wound up, and its assets have been completely liquidated.
Why the company wound up
In the order's own words
The company is not intending to do any business or commercial activity
- What it was set up to do
- To carry on business as developers of land, building, immovable properties and of real estates by constructing, reconstructing, altering, improving, furnishing and maintaining offices, flats, house, factories, warehouses, shops, wharves, building works and conveniences
- What it was doing by the end
- The Company has had no material business activity since its incorporation.
The wind-down, stage by stage
11 dated stages
- 1 Jun 2018 Board resolution to wind up
- 26 Jun 2018 Declaration of solvency
- 26 Jun 2018 Liquidation commenced
- 29 Jun 2018 Public announcement
- 25 Jul 2018 Last date for creditors to claim
- 25 Oct 2018 Final report
- 25 Oct 2018 Final report filed with the ROC
- 26 Oct 2018 Final report filed with IBBI
- 10 May 2019 NCLT order
- 10 May 2019 Dissolved
- 7 Aug 2019 Preliminary report
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 (Liquidated)
- Company class
- Private
- Category
- Company limited by shares
- Sub-category
- Non-government company
- Listing
- Unlisted
- State
- Maharashtra
- ROC
- ROC Mumbai
- Industry
- Construction
- PIN
- 400053
- Incorporated
- 13 Sep 2011
- Authorised capital
- Rs 27.11 Cr
- Paid-up capital
- Rs 27.00 Cr
- CIN
- U45400MH2011PTC221951
- Registered office
- 102, Plot No. B-27, 1st Floor Commerce Off Link Road, Andheri (West),,Mumbai,Maharashtra,400053-India
Directors named in the order
Rakesh Roshan · Hrithik Roshan
Shareholding as the order states it
| Member | Shares | % |
|---|---|---|
| Rakesh Roshan | ||
| Hrithik Roshan |
Creditors and claims
As the order records them
The Liquidator did not receive any claims under the Public Announcement.
Litigation and delays
The frictions the order records
Litigation
no litigation is pending against the company.
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.