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Solvent wind-down · IBC Section 59

Two Roads Technological Solutions Private Limited

U72900KA2011PTC074541 · Company
Dissolved (Liquidated)
Liquidation outcome · IBC s.59
Realisation of assets
₹2.03 Cr
Amount due to creditors
Amount paid to creditors
Liquidation expenses
₹0.41 Cr
Surplus to members
₹1.62 Cr
Time to dissolve
335 days
Commenced
5 Feb 2020
Dissolved
5 Jan 2021
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, ₹1.62 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved (Liquidated)
Company class
Private
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
2 Feb 2011
Authorised capital
₹5.00 L
Paid-up capital
₹2.01 L
ROC
ROC Bangalore
Industry
Business Services
PIN
560004
Registered office
No. 48 1st Floor D.V.G Road Basavangudi,Bangalore,Bangalore,Karnataka,560004-India
Liquidator
ICSI Institute of Insolvency Professiona
IBBI/IPA-002/IP-N00059/2017-18/10111
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