Solvent wind-down · IBC Section 59
UPM India Private Limited
U21090MH2011PTC224987 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹55.25 Cr
Amount due to creditors
₹0.00 Cr
Amount paid to creditors
₹0.00 Cr
Liquidation expenses
₹1.07 Cr
Surplus to members
₹54.18 Cr
Time to dissolve
1,775 days
Commenced
12 Mar 2018
Dissolved
20 Jan 2023
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, ₹54.18 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved under section 59(8)
Company class
Private
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
15 Dec 2011
Authorised capital
₹75.30 Cr
Paid-up capital
₹75.27 Cr
ROC
ROC Mumbai
Industry
Manufacturing (Paper and Paper products, Publishing, printingand reproduction of recorded media)
PIN
400066
Registered office
208/209, A- Wing, Western Edge - II Western Express Highway, Borivali East,Mumbai,Mumbai City,Maharashtra,400066-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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