Vanitha Finance and Investment Private Ltd.
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 3.77 Cr |
|---|---|
| Amount due to creditors | Not reported |
| Amount paid to creditors | Not reported |
| Liquidation expenses | Rs 79.00 L |
| Surplus to members | Rs 2.98 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 register341 days faster 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 2.98 Cr in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- Hyderabad Bench-I
- Case number
- CP(IB)733/59/IBC/HDB/2019
- Order date
- 29 Nov 2019
Dissolved with effect from 29.11.2019
What the bench said
The Liquidator has complied with the Liquidation process as per provisions stipulated under Section 59 of the Code and also as per IBBI Regulations, 2017.
Statutory observations
Income Tax Authority issued no objection certificate/no due certificate on 10.06.2019
Why the company wound up
In the order's own words
- What it was set up to do
- Finance and investment
The wind-down, stage by stage
9 dated stages
- 4 Feb 2019 Board resolution to wind up
- 25 Feb 2019 Liquidation commenced
- 27 Feb 2019 Public announcement
- 27 Mar 2019 Last date for creditors to claim
- 30 Mar 2019 Preliminary report
- 23 Oct 2019 Final report filed with the ROC
- 29 Nov 2019 Last hearing
- 29 Nov 2019 NCLT order
- 29 Nov 2019 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
- Telangana
- ROC
- ROC Hyderabad
- Industry
- Finance
- PIN
- 500033
- Incorporated
- 6 Aug 1984
- Authorised capital
- Rs 250.00 Crorder says Rs 2,500.00 Cr
- Paid-up capital
- Rs 19.15 L
- CIN
- U65993TG1984PTC004888
- Registered office
- 8-2-120/112/A/14, ROAD NO.9,JUBILEE HILLS, HYDERABAD,AP,Telangana,500033-India
Directors named in the order
Vanitha Datla · Ramavarthy Kalidindi
Shareholding as the order states it
| Member | Shares | % |
|---|---|---|
| shareholders |
The money, as the order printed it
Rs as stated in the document — not the crore figures above
Payments
| Dividend Distribution Tax (DDT) | Rs 72.00 L |
|---|---|
| Accumulated profit distributed to members | Rs 2.78 Cr |
| Investment in share capital distributed to members | Rs 19.15 L |
Creditors and claims
As the order records them
No claims received
Creditor approval
Company did not have any Creditors as on the date of Liquidation Commencement
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.