Vitreoshealth (India) 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
Share of realisationAmount due to creditors: Rs 1.00 L. Reported payout equals 0.0% of dues.
All financial figures & reading notes
| Realisation of assets | Rs 7.00 L |
|---|---|
| Amount due to creditors | Rs 1.00 L |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 3.00 L |
| Surplus to members | Rs 3.00 L |
"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 register57 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
below 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 3.00 L in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- HYDERABAD BENCH – 1
- Case number
- CP (IB) No. 21/59/HDB/2024
- Order date
- 9 Jul 2024
Dissolved effective order date
What the bench said
The Liquidator has complied with all the conditions and procedural requirements as specified under Section 59 of IBC and Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017 before initiating voluntary liquidation process of the Corporate Person and we find that the affairs of the Corporate Person have been completely wound up as there is no assets in the Company and as such had voluntarily liquidated itself so as to get dissolved.
Statutory observations
As directed by this Tribunal, the Ld. Liquidator had served notice on the ROC (Hyderabad), however no report has been filed by the RoC (H), despite granting several opportunities.
Why the company wound up
In the order's own words
the parent company M/s Cotiviti Inc had decided to discontinue the business of M/s Cotiviti Inc. The Board of Directors of the Corporate Person in their Meeting held on 09.12.2022 have proposed to wind up the affairs of the Company as there was no plans to revive its business operations
- What it was set up to do
- To provide software development services and dealing in all types of computer hardware and software.
The wind-down, stage by stage
7 dated stages
- 9 Dec 2022 Board resolution to wind up
- 23 Dec 2022 Declaration of solvency
- 26 Dec 2022 Liquidation commenced
- 30 Dec 2022 Public announcement
- 9 Feb 2023 Preliminary report
- 9 Jul 2024 NCLT order
- 9 Jul 2024 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 under section 59(8)
- Company class
- Private
- Category
- Company limited by shares
- Sub-category
- subsidiary of company incorporated outside India
- Listing
- Unlisted
- State
- Telangana
- ROC
- ROC Hyderabad
- Industry
- Business Services
- PIN
- 500081
- Incorporated
- 17 Jul 2012
- Authorised capital
- Rs 1.00 L
- Paid-up capital
- Rs 1.00 L
- CIN
- U72200TG2012FTC082026
- Registered office
- 10th Floor, Galaxy, Plot No. 1,Sy No. 83/1, Hyderabad Knowledge City,,Raidurg,Hyderabad,Telangana,500081-India
Directors named in the order
Ms. Aparna Kothur · Mr. Shanthan Reddy Ramasahyam
Shareholding as the order states it
| Member | Shares | % |
|---|---|---|
| M/s Cotiviti Inc | 9,999 | 99.99 |
| Mr. Shanthan Reddy Ramashyam | 1 | 0.01 |
The money, as the order printed it
Rs as stated in the document — not the crore figures above
Unclaimed proceeds
there were no unclaimed dividends and undistributed proceeds in the liquidation process
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.