Solvent wind-down · IBC Section 59
Theramyt Novobiologics Private Limited
U73100KA2013PTC070233 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹18.14 Cr
Amount due to creditors
₹0.08 Cr
Amount paid to creditors
₹0.08 Cr
Liquidation expenses
₹0.56 Cr
Surplus to members
₹17.50 Cr
Time to dissolve
1,490 days
Commenced
2 Jan 2020
Dissolved
31 Jan 2024
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, ₹17.50 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
Non-government company
Listing
Unlisted
Incorporated
22 Jul 2013
Authorised capital
₹66.43 L
Paid-up capital
₹49.42 L
ROC
ROC Bangalore
Industry
Community, personal and Social Services
PIN
560022
Registered office
PRASAD ENCLAVE,118/119, GROUND FLOOR, YESHWANTHPUR INDUSTRIAL SUBURB II STAGE, 5TH MAIN,YES,HWANTHPUR,BANGALORE,Bangalore,Karnataka,560022-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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