Unifytwin 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 6.00 L. Reported payout equals 100.0% of dues.
All financial figures & reading notes
| Realisation of assets | Rs 12.00 L |
|---|---|
| Amount due to creditors | Rs 6.00 L |
| Amount paid to creditors | Rs 6.00 L |
| Liquidation expenses | Rs 5.00 L |
| Surplus to members | Rs 1.00 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 register194 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
below 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 1.00 L in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- Bengaluru Bench
- Case number
- C.P. (IB) No.18/BB/2025
- Order date
- 29 Aug 2025
M/s. Unifytwin India Private Limited is hereby dissolved and C.P.(IB) No.18/BB/2025 is allowed.
What the bench said
On examination of the submissions and documents filed with the Application, it is apparent that the affairs of the Applicant have been completely wound up, its assets have been completely liquidated, and as such the Applicant Company deserves to be dissolved.
Statutory observations
RoC Karnataka stated no enquiry/inspection/complaint/legal action is pending against the Applicant. IT department stated no assessment proceedings, no penalty or prosecution are pending and no demand is outstanding.
The wind-down, stage by stage
13 dated stages
- 5 Jun 2023 Board resolution to wind up
- 5 Jun 2023 Declaration of solvency
- 9 Jun 2023 Liquidation commenced
- 12 Jun 2023 Public announcement
- 9 Jul 2023 Last date for creditors to claim
- 19 Jul 2023 Preliminary report
- 18 Dec 2023 Final report
- 22 Dec 2023 Final report filed with IBBI
- 10 Jan 2024 Final report filed with the ROC
- 19 Aug 2024 Dissolution application filed
- 25 Jul 2025 Last hearing
- 29 Aug 2025 NCLT order
- 29 Aug 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
- 560100
- Incorporated
- 22 Jul 2022
- Authorised capital
- Rs 10.00 L
- Paid-up capital
- Rs 1.00 L
- CIN
- U72900KA2022FTC164152
- Registered office
- 74/A, Survey No. 68(P), Keonics, Electronic City Phase I, Hosur Main Road,,Bangalore,Bangalore,Karnataka,560100-India
The money, as the order printed it
Rs as stated in the document — not the crore figures above
- Total receipts
- Rs 11.72 L
- Total payments
- Rs 11.72 L
Receipts
| Assets realized | Rs 11.72 L |
|---|---|
| Balance at Bank | Rs 11.72 L |
Payments
| Liquidator’s remuneration | Rs 3.15 L |
|---|---|
| Liquidation fee paid | Rs 63,000 |
| GST paid on liquidation fee | Rs 35,000 |
| Other Liquidation Expense | Rs 4.13 L |
| Advertisement fee | Rs 6.28 L |
| NCLT & ROC Expenses | Rs 1.31 L |
| Audit fee paid | Rs 20,110 |
| Professional fee for GST filing | Rs 15,415 |
| Other professional fee (Incl. GST) | Rs 15,000 |
| TDS paid on professional fee | Rs 17,700 |
| Tax paid | Rs 2.32 L |
| Repayment of loan | Rs 21,440 |
| Equity Shareholders | Rs 2.07 L |
| Sudeesh Chandra | Rs 1.00 L |
| TDS paid on return on equity | Rs 1.25 L |
Creditors and claims
As the order records them
Received claim of INR 99,999/- from Mrs. Smita Badhury for repayment of Loan amount
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.