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Voluntary liquidation · IBC s.59

Transmissions International India Private Limited

CIN · U74140GJ2012FTC069209 Company Gujarat MCA · Under Liquidation

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

Process record Wind-down in progress

Running for 919 days

View process timeline

What did the wind-down return?

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

Assets realised
Not reported
Value realised from assets
Paid to creditors
Not reported
Figures arrive at dissolution
Surplus to members
Not reported
Surplus figure not available

Where the money went

Reported amounts
This wind-down has not concluded. The money columns are empty because the figures are only reported once the liquidator files the final report — an accurate picture of an unfinished process, not a gap in the record.
CreditorsNot reported
ExpensesNot reported
MembersNot reported

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 assetsNot reported
Amount due to creditorsNot reported
Amount paid to creditorsNot reported
Liquidation expensesNot reported
Surplus to membersNot reported

"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
Running for919 days

already longer than the median completed wind-down (618 days)

Against the live bookolder than most

the median age of the 978 wind-downs still in process is 789 days

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. This one has not finished, so the money columns are empty — an accurate picture of an unfinished process, not a gap in the record.

The NCLT order

Read from the document itself

Bench
Principal Bench, New Delhi
Case number
Company Appeal (AT) (Insolvency) No. 800 of 2025
Order date
30 May 2025

Company Appeal No. 800 of 2025 is allowed and status quo order vacated; Company Appeal No. 801 of 2025 disposed of with directions.

What the bench said

The Adjudicating Authority erred in granting a status quo order and interfering with the replacement of the voluntary liquidator, as the corporate debtor has the statutory right to replace a voluntary liquidator under Regulation 5 without tribunal approval.

Statutory observations

In voluntary liquidation under Section 59, the manner of appointment and removal of a liquidator is governed by VL Regulations where corporate debtor can appoint or replace liquidator by passing a resolution without NCLT approval.

30 May 2025 · Company Appeal (AT) (Insolvency) No. 800 of 2025 · 18 pages Read the order

The wind-down, stage by stage

3 dated stages

  1. 22 Feb 2024 Board resolution to wind up
  2. 21 Mar 2024 Liquidation commenced
  3. 30 May 2025 NCLT order

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
Under Liquidation
Company class
Private
Category
Company limited by shares
Sub-category
subsidiary of company incorporated outside India
Listing
Unlisted
State
Gujarat
ROC
ROC Ahmedabad
Industry
Business Services
PIN
382110
Incorporated
28 Feb 2012
Authorised capital
Rs 135.00 Cr
Paid-up capital
Rs 135.00 Cr
CIN
U74140GJ2012FTC069209
Registered office
Survey/Block 299, 302 & 303/2, REVENUE A/C NO 71, KALANA VILLAGE,SANAND TALUKA,,AHMEDABAD,Ahmedabad,Gujarat,382110-India

Directors named in the order

Vinod Singh · Andrea Hilda Braganca Alemao Porter · Markus Gerd Wilke

Company registry · MCA data as on 12 Jun 2026. Capital figures are shown separately from the wind-down financials.

Litigation and delays

The frictions the order records

Litigation

Appeals filed against interim status quo order and de-reserving order passed by Adjudicating Authority in voluntary liquidation proceedings.

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

Keep exploring.

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All voluntary liquidations