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Voluntary liquidation · IBC s.59

Trans Asia Corporation Limited

CIN · L15143MP1993PLC007872 Company Madhya Pradesh MCA · Dissolved (Liquidated)

The wind-down at a glance. Follow the recorded outcome, financials and people behind this company.

Process record Dissolution recorded

1 Oct 2021

View process timeline

What did the wind-down return?

Reported financials Rs crore, shown in lakh below Rs 1 crore

Assets realised
Rs 62.00 L
Value realised from assets
Paid to creditors
Not reported
Creditor payout recorded
Surplus to members
Rs 41.00 L
Reported surplus amount

Where the money went

Reported amounts
Some financial figures are missing. A complete proceeds split is not available.
CreditorsNot reported
ExpensesRs 21.00 L
MembersRs 41.00 L

Creditor dues are not reported, so the payout cannot be assessed against them.

All financial figures & reading notes
Amounts as recorded for this voluntary liquidation
Realisation of assetsRs 62.00 L
Amount due to creditorsNot reported
Amount paid to creditorsNot reported
Liquidation expensesRs 21.00 L
Surplus to membersRs 41.00 L

"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 register
Time to dissolve178 days

440 days faster than the median of 618 days across 1,597 completed wind-downs

Cost of the wind-down33.9% of realisation

the median is 9.5%

Surplus returnedYes

72% of completed wind-downs returned a surplus to members

SizeRs 62.00 L

below the median realisation of Rs 66.00 L

Reading this record

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 41.00 L in surplus was returned to members.

The wind-down, stage by stage

2 dated stages

178 days to dissolve
  1. 6 Apr 2021 Liquidation commenced
  2. 1 Oct 2021 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 (Liquidated)
Company class
Public
Category
Company limited by shares
Sub-category
Non-government company
Listing
Listed
State
Madhya Pradesh
ROC
ROC Gwalior
Industry
Manufacturing (Food stuffs)
PIN
452001
Incorporated
16 Sep 1993
Authorised capital
Rs 6.00 Cr
Paid-up capital
Rs 5.21 Cr
CIN
L15143MP1993PLC007872
Registered office
110, ROYAL RATAN 7, M.G. ROAD,INDORE,Indore,Madhya Pradesh,452001-India
Company registry · MCA data as on 12 Jun 2026. Capital figures are shown separately from the wind-down financials.

Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error

Keep exploring.

See other companies in the voluntary liquidation register.

All voluntary liquidations