Solvent wind-down · IBC Section 59
WEGL Services India Private Limited
U74110TN2019FTC130406 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹0.40 Cr
Amount due to creditors
₹0.05 Cr
Amount paid to creditors
₹0.05 Cr
Liquidation expenses
₹0.16 Cr
Surplus to members
₹0.19 Cr
Time to dissolve
536 days
Commenced
25 Mar 2022
Dissolved
12 Sep 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, ₹0.19 Cr in surplus was returned to members.
Company · MCA master
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
Incorporated
9 Jul 2019
Authorised capital
₹3.50 Cr
Paid-up capital
₹1.40 Cr
ROC
ROC Chennai
Industry
Business Services
PIN
600083
Registered office
7/5, LGGS Colony, 25th street, 7th avenue, Ashok Nagar,Chennai,Chennai,Tamil Nadu,600083-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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