Solvent wind-down · IBC Section 59
Variman Fitness Private Limited
U74999KA2016PTC095179 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹1.20 Cr
Amount due to creditors
₹0.16 Cr
Amount paid to creditors
₹0.16 Cr
Liquidation expenses
₹0.07 Cr
Surplus to members
₹0.97 Cr
Time to dissolve
486 days
Commenced
27 Jan 2024
Dissolved
27 May 2025
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, ₹0.97 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
21 Jul 2016
Authorised capital
₹10.00 L
Paid-up capital
₹10.00 L
ROC
ROC Bangalore
Industry
Business Services
PIN
560034
Registered office
No. 7, 2nd & 3rd Floor, �??Maruti Arcade�?? 80 Feet Road, Kormangala, 7th Block, ,BANGALORE,Bangalore,Karnataka,560034-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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