Vriksha Realty 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 100.0% of dues.
All financial figures & reading notes
| Realisation of assets | Rs 1.54 Cr |
|---|---|
| Amount due to creditors | Rs 1.00 L |
| Amount paid to creditors | Rs 1.00 L |
| Liquidation expenses | Rs 1.00 L |
| Surplus to members | Rs 1.52 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 register129 days slower 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 1.52 Cr in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- Chennai, Division Bench - I
- Case number
- CP(IB)/199(CHE)/2022
- Order date
- 11 Sep 2023
Dissolved effective order date
What the bench said
affairs of the Company have been completely wound up and the assets of the Applicant Company have been completely liquidated
Why the company wound up
In the order's own words
due to non-availability of business projects and long term financial resources
- What it was set up to do
- to erect and construct houses, buildings etc., to act as a contractor for any person or government authorities, to purchase and maintain and sell all kind of land houses and buildings, to undertake engineers' contractors of public, village roads etc.
The wind-down, stage by stage
8 dated stages
- 25 Aug 2021 Board resolution to wind up
- 25 Aug 2021 Liquidation commenced
- 27 Aug 2021 Public announcement
- 7 Oct 2021 Preliminary report
- 25 Aug 2022 Final report
- 25 Aug 2022 Final report filed with IBBI
- 11 Sep 2023 NCLT order
- 11 Sep 2023 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
- Non-government company
- Listing
- Unlisted
- State
- Tamil Nadu
- ROC
- ROC Chennai
- Industry
- Construction
- PIN
- 600020
- Incorporated
- 8 Nov 2005
- Authorised capital
- Rs 2.00 Lorder says Rs 1.00 L
- Paid-up capital
- Rs 1.00 L
- CIN
- U45201TN2005PTC057971
- Registered office
- NO.57, L. B. ROAD 4TH FLOOR KABA PLAZA ADYAR,CHENNAI,Tamil Nadu,600020-India
Directors named in the order
Malini Ramakrishnan
The money, as the order printed it
Rs as stated in the document — not the crore figures above
What the company held
bank balance and the refund due from the Income Tax Department
Creditors and claims
As the order records them
The Liquidator has not received any claims during the process of liquidation except a notice from Income Tax Department
Creditor approval
The Company has no creditors
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.