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Solvent wind-down · IBC Section 59

VSN Pan Products Limited

U36990KA2016PLC095106 · Company
Dissolved under section 59(8)
Liquidation outcome · IBC s.59
Realisation of assets
₹0.93 Cr
Amount due to creditors
₹0.00 Cr
Amount paid to creditors
₹0.00 Cr
Liquidation expenses
₹0.02 Cr
Surplus to members
₹0.91 Cr
Time to dissolve
914 days
Commenced
1 Jan 2021
Dissolved
4 Jul 2023
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, ₹0.91 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved under section 59(8)
Company class
Public
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
19 Jul 2016
Authorised capital
₹1.00 Cr
Paid-up capital
₹1.00 Cr
ROC
ROC Bangalore
Industry
Manufacturing (Others)
PIN
572106
Registered office
#05, GROUND FLOOR, KRISHNA COMPLEX, MADHUGIRI ROAD, ANTHARASANAHALLI, ARAKER,E POST,,TUMKUR,Tumkur,Karnataka,572106-India
Liquidator
ICSI IIP
IBBI/IPA-002/IP-N00106/2017-18/10248
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