Solvent wind-down · IBC Section 59
Teamstand India Private Limited
U72900TG2020FTC146242 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹2.03 Cr
Amount due to creditors
₹0.00 Cr
Amount paid to creditors
₹0.00 Cr
Liquidation expenses
₹0.06 Cr
Surplus to members
₹1.97 Cr
Time to dissolve
499 days
Commenced
19 Jun 2024
Dissolved
31 Oct 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, ₹1.97 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
25 Nov 2020
Authorised capital
₹3.00 Cr
Paid-up capital
₹2.00 Cr
ROC
ROC Hyderabad
Industry
Business Services
PIN
500038
Registered office
3rd Floor, H. No. 7-1-638 to 643, 314,,Bhanu Enclave, Sunder Nagar,Ameerpet,Hyderabad,Telangana,500038-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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