Solvent wind-down · IBC Section 59

Venkateshwara Realteck Private Limited

U45400KA2021PTC150026 · Company
Dissolved (Liquidated)
Liquidation outcome · IBC s.59
Realisation of assets
₹286.93 Cr
Amount due to creditors
Amount paid to creditors
Liquidation expenses
₹0.10 Cr
Surplus to members
₹286.83 Cr
Time to dissolve
288 days
Commenced
1 Feb 2022
Dissolved
16 Nov 2022
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, ₹286.83 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved (Liquidated)
Company class
Private
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
28 Jul 2021
Authorised capital
₹288.00 Cr
Paid-up capital
₹287.00 Cr
ROC
ROC Bangalore
Industry
Construction
PIN
560047
Registered office
# 35, Chetana 3rd Main, Ashwini Layout, Ejipura,Bangalore,Bangalore,Karnataka,560047-India
Liquidator
ICSI Institute of Insolvency Professiona
IBBI/IPA-002/IP-N00292/2017-2018/10895
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