Valiyaveettil Ventures 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 | Not reported |
|---|---|
| Amount due to creditors | Not reported |
| Amount paid to creditors | Not reported |
| Liquidation expenses | Not reported |
| Surplus to members | Not reported |
"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 registeralready longer than the median completed wind-down (618 days)
the median age of the 978 wind-downs still in process is 790 days
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. This one has not finished, so the money columns are empty — an accurate picture of an unfinished process, not a gap in the record.
The NCLT order
Read from the document itself
- Bench
- BENGALURU BENCH, BENGALURU
- Case number
- CP (IB) No.35/BB/2023
- Order date
- 2 Jun 2023
voluntary liquidation proceedings are terminated and petition dismissed as withdrawn
What the bench said
company is having an opportunity to revive the business of the company and there is no objection from the liquidator
Why the company wound up
In the order's own words
unable to generate any revenue due to lack of any business opportunity
- What it was doing by the end
- company was unable to generate any revenue due to lack of any business opportunity
The wind-down, stage by stage
5 dated stages
- 15 Jun 2022 Board resolution to wind up
- 7 Jul 2022 Liquidation commenced
- 9 Jul 2022 Public announcement
- 19 Aug 2022 Preliminary report
- 2 Jun 2023 NCLT order
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
- Active
- Company class
- Private
- Category
- Company limited by shares
- Sub-category
- Non-government company
- Listing
- Unlisted
- State
- Karnataka
- ROC
- ROC Bangalore
- Industry
- Business Services
- PIN
- 560010
- Incorporated
- 3 Aug 2010
- Authorised capital
- Rs 25.00 L
- Paid-up capital
- Rs 1.00 L
- CIN
- U72200KA2010PTC054659
- Registered office
- No.29 PI & 31PI Electronic City Phase II, Industrial Are,a,Bangalore,Karnataka,560010-India
Creditors and claims
As the order records them
company has no debt, claim or any other liability
Creditor approval
company did not have any creditors, no further approval was required
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.