Solvent wind-down · IBC Section 59
Syndbank Services Limited
U72300KA2006PLC038305 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹3.11 Cr
Amount due to creditors
₹0.00 Cr
Amount paid to creditors
₹0.00 Cr
Liquidation expenses
₹0.64 Cr
Surplus to members
₹2.47 Cr
Time to dissolve
398 days
Commenced
22 Jun 2022
Dissolved
25 Jul 2023
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, ₹2.47 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved under section 59(8)
Company class
Public
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
25 Jan 2006
Authorised capital
₹10.00 Cr
Paid-up capital
₹25.00 L
ROC
ROC Bangalore
Industry
Business Services
PIN
560002
Registered office
112, JC Road, First Floor Canteen Block, Head Office,Canara Bank,,Bengaluru,Bangalore,Karnataka,560002-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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