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Voluntary liquidation · IBC s.59

Trichy Energy Limited

CIN · U74999TN1997PLC038549 Company Tamil Nadu MCA · Dissolved under section 59(8)

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

Process record Dissolution recorded

12 Dec 2023

View process timeline

What did the wind-down return?

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

Assets realised
Rs 1.00 L
Value realised from assets
Paid to creditors
Rs 0
No creditor dues reported
Surplus to members
Rs 0
A zero surplus is recorded

Where the money went

Share of realisation
Creditors · 0.0%Rs 0
Expenses · 100.0%Rs 1.00 L
Members · 0.0%Rs 0

Amount due to creditors: Rs 0. No payout percentage is calculated against zero or negative dues.

All financial figures & reading notes
Amounts as recorded for this voluntary liquidation
Realisation of assetsRs 1.00 L
Amount due to creditorsRs 0
Amount paid to creditorsRs 0
Liquidation expensesRs 1.00 L
Surplus to membersRs 0

"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 dissolve313 days

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

Cost of the wind-down100.0% of realisation

the median is 9.5%

Surplus returnedNo

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

SizeRs 1.00 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.

The NCLT order

Read from the document itself

Bench
Chennai Bench - I
Case number
CP(IB)/167/(CHE)/2023
Order date
12 Dec 2023

Dissolved effective order date

What the bench said

the affairs of the Company have been completely wound up and the assets of the Petitioner Company have been completely liquidated

12 Dec 2023 · CP(IB)/167/(CHE)/2023 · 7 pages Read the order
date not legible · CP(IB)/167/(CHE)/2023 · 7 pages Read the order

Why the company wound up

In the order's own words

impossible for them to continue the operations of the Company

What it was set up to do
to generate electrical energy for commercial purpose

The wind-down, stage by stage

5 dated stages

313 days to dissolve
  1. 11 Aug 2021 Preliminary report
  2. 5 Dec 2022 Board resolution to wind up
  3. 2 Feb 2023 Liquidation commenced
  4. 12 Dec 2023 NCLT order
  5. 12 Dec 2023 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 under section 59(8)
Company class
Public
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
State
Tamil Nadu
ROC
ROC Chennai
Industry
Business Services
PIN
600079
Incorporated
2 Jul 1997
Authorised capital
Rs 50.00 L
Paid-up capital
Rs 10.07 L
CIN
U74999TN1997PLC038549
Registered office
C/o. Mr. Shiv Shankar Shahu ,Chartered Accountant No. 4 (Old No. 16), Pattabiraman Street,, 2nd Floor,Chennai,Chennai,Tamil Nadu,600079-India
Company registry · MCA data as on 12 Jun 2026. Capital figures are shown separately from the wind-down financials.

The money, as the order printed it

Rs as stated in the document — not the crore figures above

Total receipts
Rs 80,000
Total payments
Rs 80,000
Liquidation cost
Rs 80,000

Receipts

Cash / Bank Balance and EquivalentsRs 80,000

Payments

Liquidation CostRs 80,000

What the company held

Cash / Bank Balance and Equivalents 80,000

These are the figures the NCLT order prints, in rupees. The crore figures higher up the page come from IBBI's outcome file. They are different measurements from different sources and are shown separately on purpose — the Cr/Lakh switch does not touch them.

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

Keep exploring.

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