WEGL Services 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 5.00 L. Reported payout equals 100.0% of dues.
All financial figures & reading notes
| Realisation of assets | Rs 40.00 L |
|---|---|
| Amount due to creditors | Rs 5.00 L |
| Amount paid to creditors | Rs 5.00 L |
| Liquidation expenses | Rs 16.00 L |
| Surplus to members | Rs 19.00 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 register82 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 19.00 L in surplus was returned to members.
The wind-down, stage by stage
2 dated stages
- 25 Mar 2022 Liquidation commenced
- 12 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
- subsidiary of company incorporated outside India
- Listing
- Unlisted
- State
- Tamil Nadu
- ROC
- ROC Chennai
- Industry
- Business Services
- PIN
- 600083
- Incorporated
- 9 Jul 2019
- Authorised capital
- Rs 3.50 Cr
- Paid-up capital
- Rs 1.40 Cr
- CIN
- U74110TN2019FTC130406
- Registered office
- 7/5, LGGS Colony, 25th street, 7th avenue, Ashok Nagar,Chennai,Chennai,Tamil Nadu,600083-India
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.