Trs-Rentelco India Private Limited
The wind-down at a glance. Follow the recorded outcome, financials and people behind this company.
What did the wind-down return?
Reported financials Rs crore, shown in lakh below Rs 1 crore
Where the money went
Share of realisationAmount due to creditors: Rs 0. No payout percentage is calculated against zero or negative dues.
All financial figures & reading notes
| Realisation of assets | Rs 70.00 L |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 3.00 L |
| Surplus to members | Rs 67.00 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 register97 days slower than the median of 618 days across 1,597 completed wind-downs
the median is 9.5%
72% of completed wind-downs returned a surplus to members
above the median realisation of Rs 66.00 L
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 67.00 L in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- BENGALURU BENCH, BENGALURU
- Case number
- C.P. (IB) No. 100/BB/2024
- Order date
- 25 Feb 2025
Dissolved effective order date
What the bench said
On examining the submissions made by the Ld. Counsel for the Applicant and after perusing the documents annexed to the Application, it appears that the affairs of the Corporate Person have been completely wound up and the assets of the Applicant Company have been completely liquidated and as such the Applicant Company deserves to be dissolved.
Why the company wound up
In the order's own words
- What it was set up to do
- To carry on the business in India or elsewhere as business to business rental service providers, suppliers, consultants, experts, stockists, agents, distributors and dealers of electronic and mechanical equipments and other such accessories for general use in communications, manufacturing and semiconductor industries etc.
The wind-down, stage by stage
11 dated stages
- 17 Feb 2023 Board resolution to wind up
- 13 Mar 2023 Liquidation commenced
- 16 Mar 2023 Public announcement
- 12 Apr 2023 Last date for creditors to claim
- 26 Apr 2023 Preliminary report
- 30 Jan 2024 Final report
- 11 Mar 2024 Final report filed with the ROC
- 11 Mar 2024 Final report filed with IBBI
- 11 Mar 2024 Dissolution application filed
- 25 Feb 2025 NCLT order
- 25 Feb 2025 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
- Private
- Category
- Company limited by shares
- Sub-category
- subsidiary of company incorporated outside India
- Listing
- Unlisted
- State
- Karnataka
- ROC
- ROC Bangalore
- Industry
- Business Services
- PIN
- 560004
- Incorporated
- 22 Mar 2013
- Authorised capital
- Rs 11.06 Cr
- Paid-up capital
- Rs 9.60 Cr
- CIN
- U74900KA2013FTC068253
- Registered office
- No. 41, Patalamma Temple Street Basavanagudi, Near South End Circle,Bangalore,Bangalore,Karnataka,560004-India
The money, as the order printed it
Rs as stated in the document — not the crore figures above
- Total receipts
- Rs 69.85 L
- Total payments
- Rs 69.85 L
- Liquidator fee
- Rs 2.53 L
Receipts
| Opening Bank Balance 23 Aug 2023 | Rs 69.85 L |
|---|
Payments
| Bank Charges | Rs 1,475 |
|---|---|
| Bank Charges | Rs 1,180 |
| Bank Charges | Rs 1,180 |
| Public Announcement (Reimbursement) | Rs 8,925 |
| Liquidator fee paid (after TDS deduction) | Rs 2.53 L |
| TDS deducted and paid on Liquidator fee | Rs 23,460 |
| Bank Charges | Rs 1,180 |
| Fee towards Liquidation accounts audit certification | Rs 15,000 |
| Bank Charges | Rs 2,582 |
| Payment to Shareholders (2 nos) | Rs 66.76 L |
Unclaimed proceeds
The Applicant confirms that there were no unclaimed dividends and undistributed proceeds in the liquidation process.
Creditors and claims
As the order records them
The Applicant has however not received any claims from the stakeholders.
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.