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Voluntary liquidation · IBC s.59

Wdb Medical Data India Private Limited

CIN · U74999KA2018FTC110742 Company Karnataka MCA · Dissolved under section 59(8)

The wind-down at a glance. Follow the recorded outcome, financials and people behind this company.

Process record Dissolution recorded

29 Oct 2025

View process timeline

What did the wind-down return?

Reported financials Rs crore, shown in lakh below Rs 1 crore

Assets realised
Rs 4.00 L
Value realised from assets
Paid to creditors
Rs 0
No creditor dues reported
Surplus to members
Rs 2.00 L
Reported surplus amount

Where the money went

Share of realisation
Creditors · 0.0%Rs 0
Expenses · 75.0%Rs 3.00 L
Members · 50.0%Rs 2.00 L

Amount due to creditors: Rs 0. No payout percentage is calculated against zero or negative dues.

All financial figures & reading notes
Amounts as recorded for this voluntary liquidation
Realisation of assetsRs 4.00 L
Amount due to creditorsRs 0
Amount paid to creditorsRs 0
Liquidation expensesRs 3.00 L
Surplus to membersRs 2.00 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 register
Time to dissolve581 days

37 days faster than the median of 618 days across 1,597 completed wind-downs

Cost of the wind-down75.0% of realisation

the median is 9.5%

Surplus returnedYes

72% of completed wind-downs returned a surplus to members

SizeRs 4.00 L

below the median realisation of Rs 66.00 L

Reading this record

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 2.00 L in surplus was returned to members.

The NCLT order

Read from the document itself

Bench
Bengaluru Bench
Case number
C.P. (IB) No.35/BB/2025
Order date
29 Oct 2025

M/s. WDB Medical Data India Private Limited is hereby dissolved and C.P.(IB) No.35/BB/2025 is allowed.

What the bench said

On examination of the submissions and documents filed with the Application, it is apparent that the affairs of the Applicant have been completely wound up, its assets have entirely been liquidated, and as such the Applicant Company deserves to be dissolved.

Statutory observations

RoC reported no pending actions/enquiry, and Income Tax Department stated no assessment proceedings, penalty, prosecution, or outstanding TDS demand.

29 Oct 2025 · C.P. (IB) No.35/BB/2025 · 5 pages Read the order

The wind-down, stage by stage

12 dated stages

581 days to dissolve
  1. 29 Feb 2024 Board resolution to wind up
  2. 27 Mar 2024 Liquidation commenced
  3. 1 Apr 2024 Public announcement
  4. 26 Apr 2024 Last date for creditors to claim
  5. 11 May 2024 Preliminary report
  6. 17 Sep 2024 Final report
  7. 17 Sep 2024 Final report filed with IBBI
  8. 20 Sep 2024 Final report filed with the ROC
  9. 14 Oct 2024 Dissolution application filed
  10. 17 Sep 2025 Last hearing
  11. 29 Oct 2025 NCLT order
  12. 29 Oct 2025 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
Karnataka
ROC
ROC Bangalore
Industry
Business Services
PIN
560025
Incorporated
6 Mar 2018
Authorised capital
Rs 1.00 Cr
Paid-up capital
Rs 1.00 Cr
CIN
U74999KA2018FTC110742
Registered office
1ST FLOOR, GOPALA KRISHNA COMPLEX, 45/3 RESIDENCY ROAD MG ROAD SHANTHALA NAGAR A,SHOK NAGAR,BANGALORE,Bangalore,Karnataka,560025-India
Company registry · MCA data as on 12 Jun 2026. Capital figures are shown separately from the wind-down financials.

The money, as the order printed it

Rs as stated in the document — not the crore figures above

Total receipts
Rs 4.28 L
Total payments
Rs 4.28 L
Liquidator fee
Rs 1.50 L

Receipts

Balance at BankRs 4.26 L
Deposits ReceivedRs 2,495

Payments

Bank Charges PaidRs 40,443
Liquidation RemunerationRs 1.50 L
Other Liquidation ExpensesRs 20,805
Liquidation Statutory Audit feeRs 29,800
Payment for StampsRs 600
Payment for public announcementRs 8,400
Repatriation of fundsRs 1.78 L
These are the figures the NCLT order prints, in rupees. The crore figures higher up the page come from IBBI's outcome file. They are different measurements from different sources and are shown separately on purpose — the Cr/Lakh switch does not touch them.

Creditors and claims

As the order records them

The Liquidator did not receive any claim from any stakeholder after the public announcement was made.

Litigation and delays

The frictions the order records

Litigation

No enquiry/inspection/complaint/legal action is pending against the Applicant as per RoC Status Report.

Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error

Keep exploring.

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