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Voluntary liquidation · IBC s.59

Unimacts India Private Limited

CIN · U74999DL2022FTC398379 Company Delhi 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

2 Sep 2025

View process timeline

What did the wind-down return?

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

Assets realised
Rs 48.00 L
Value realised from assets
Paid to creditors
Rs 0
No creditor dues reported
Surplus to members
Rs 30.00 L
Reported surplus amount

Where the money went

Share of realisation
Creditors · 0.0%Rs 0
Expenses · 35.4%Rs 17.00 L
Members · 62.5%Rs 30.00 L

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 48.00 L
Amount due to creditorsRs 0
Amount paid to creditorsRs 0
Liquidation expensesRs 17.00 L
Surplus to membersRs 30.00 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 register
Time to dissolve525 days

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

Cost of the wind-down35.4% of realisation

the median is 9.5%

Surplus returnedYes

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

SizeRs 48.00 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. Here, Rs 30.00 L in surplus was returned to members.

The NCLT order

Read from the document itself

Bench
NEW DELHI BENCH COURT-IV
Case number
C.P. IB NO. 23/ND/2025
Order date
2 Sep 2025

Applicant Company shall stand dissolved with effect from the date of pronouncement of this order

What the bench said

The affairs of the Applicant Company have been completely wound up and its assets have been completely liquidated and no liabilities have been left unsatisfied.

Statutory observations

RoC filed report stating no inquiry/inspection/complaint/legal action is pending

2 Sep 2025 · C.P. IB NO. 23/ND/2025 · 10 pages Read the order
14 Feb 2025 · IA/736/ND/2025 IN IB/23/ND/2025 · 1 pages Read the order

Why the company wound up

In the order's own words

due to termination of certain imperative contracts, the Company could not continue its business activities in the long run

What it was set up to do
carrying out the business of supplying engineering goods to the customers in Power Sector, Rail Transportation, Construction and Mining, EPC, Oil and gas etc.
What it was doing by the end
due to termination of certain imperative contracts, the Company could not continue its business activities in the long run. Since 23.02.2024, the company has discontinued its business operations.

The wind-down, stage by stage

10 dated stages

525 days to dissolve
  1. 27 Feb 2024 Board resolution to wind up
  2. 26 Mar 2024 Liquidation commenced
  3. 6 Apr 2024 Public announcement
  4. 25 Apr 2024 Last date for creditors to claim
  5. 10 May 2024 Preliminary report
  6. 8 Jan 2025 Final report
  7. 13 Mar 2025 Last hearing
  8. 21 Mar 2025 Final report filed with the ROC
  9. 2 Sep 2025 NCLT order
  10. 2 Sep 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
Delhi
ROC
ROC Delhi
Industry
Business Services
PIN
110019
Incorporated
13 May 2022
Authorised capital
Rs 1.00 L
Paid-up capital
Rs 1.00 L
CIN
U74999DL2022FTC398379
Registered office
FLAT No 303A, 3rd Floor, HEMKUNT CHAMBER, No 89,NEHRU PLACE,New Delhi,South Delhi,Delhi,110019-India

Directors named in the order

Srinath Ramakkrushnan · Manish Agarwal

Company registry · MCA data as on 12 Jun 2026. Capital figures are shown separately from the wind-down financials.

Creditors and claims

As the order records them

No claim submitted by the Creditors as there were no creditors as on the Liquidation Commencement Date.

Creditor approval

Since, there were no creditors of the Company as on the Liquidation Commencement Date, there was no claim submitted by the Creditors.

Litigation and delays

The frictions the order records

Litigation

no inquiry/inspection/complaint/legal action has been shown pending against the subject Company

Why it took as long as it did

The liquidator had approached the HDFC bank on 21.11.2024 for the final remittance to be made to the stakeholders. However, due to the internal processes of the HDFC bank, they could remit the proceeds only on 23.12.2024. Accordingly, the liquidation process could not be completed by 21.12.2024 i.e., in 270 days from the liquidation commencement date.

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

Keep exploring.

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