United Equity 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
Reported amountsCreditor dues are not reported, so the payout cannot be assessed against them.
All financial figures & reading notes
| Realisation of assets | Rs 1.62 Cr |
|---|---|
| Amount due to creditors | Not reported |
| Amount paid to creditors | Not reported |
| Liquidation expenses | Rs 2.00 L |
| Surplus to members | Rs 1.60 Cr |
"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 register281 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 1.60 Cr in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- NEW DELHI BENCH-IV
- Case number
- (IB)-262/ND/2021
- Order date
- 10 Mar 2022
Dissolved with effect from the date of the present order
What the bench said
Necessary compliances of Section 59 and other relevant provisions of the Insolvency and Bankruptcy Code, 2016 read with the regulations have been made within time.
Statutory observations
ROC has filed their status report dated 18.08.2021 and had no objection qua acceptance of the present Application.
Why the company wound up
In the order's own words
management was of the opinion that no business prospectus could be foreseen
- What it was doing by the end
- The Company has suspended its trading operations since long time
The wind-down, stage by stage
6 dated stages
- 11 Feb 2019 Preliminary report
- 6 Sep 2019 Board resolution to wind up
- 23 Sep 2019 Liquidation commenced
- 24 Sep 2019 Public announcement
- 10 Mar 2022 NCLT order
- 10 Mar 2022 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 (Liquidated)
- Company class
- Private
- Category
- Company limited by shares
- Sub-category
- Non-government company
- Listing
- Unlisted
- State
- Delhi
- ROC
- ROC Delhi
- Industry
- Business Services
- PIN
- 110024
- Incorporated
- 22 Jan 2009
- Authorised capital
- Rs 50.00 L
- Paid-up capital
- Rs 45.02 L
- CIN
- U74999DL2009PTC186900
- Registered office
- 11,Lajpat Nagar-IV, Basement,Ring Road,,New Delhi,South Delhi,Delhi,110024-India
Creditors and claims
As the order records them
no claim from any stakeholder had been received in response to the public announcement
Creditor approval
no claims were received from any creditor
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.