Solvent wind-down · IBC Section 59
TSIL Energy Limited
U40109OR2012PLC016232 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹1.32 Cr
Amount due to creditors
—
Amount paid to creditors
—
Liquidation expenses
₹0.06 Cr
Surplus to members
₹1.26 Cr
Time to dissolve
226 days
Commenced
25 Sep 2021
Dissolved
9 May 2022
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, ₹1.26 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved (Liquidated)
Company class
Public
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
20 Nov 2012
Authorised capital
₹10.00 Cr
Paid-up capital
₹1.06 Cr
ROC
ROC Cuttack
Industry
Electricity, Gas and Water companies
PIN
758038
Registered office
TATA SPONGE ADMINISTRATIVE BUILDING BILEIPADA, P.O.- BANEIKALA,JODA,Orissa,758038-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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