Solvent wind-down · IBC Section 59

Valbrass India Private Limited

U27202GJ2006PTC049613 · Company
Dissolved under section 59(8)
Liquidation outcome · IBC s.59
Realisation of assets
₹4.14 Cr
Amount due to creditors
₹0.10 Cr
Amount paid to creditors
₹0.10 Cr
Liquidation expenses
₹0.10 Cr
Surplus to members
₹3.94 Cr
Time to dissolve
1,489 days
Commenced
21 Dec 2019
Dissolved
18 Jan 2024
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, ₹3.94 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
20 Dec 2006
Authorised capital
₹5.00 Cr
Paid-up capital
₹4.99 Cr
ROC
ROC Ahmedabad
Industry
Manufacturing (Metals and Chemicals, and products thereof)
PIN
361004
Registered office
SHED NO. 250, G.I.D.C., PHASE - II, DARED,JAMNAGAR,Gujarat,361004-India
Liquidator
Indian Institute of Insolvency Professio
IBBI/IPA-001/IP-P-01853/2019 -2020/12849
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