Solvent wind-down · IBC Section 59
Weld-Aids Private Limited
U28113KA1986PTC007531 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹1.54 Cr
Amount due to creditors
₹0.00 Cr
Amount paid to creditors
₹0.00 Cr
Liquidation expenses
₹0.09 Cr
Surplus to members
₹1.45 Cr
Time to dissolve
404 days
Commenced
30 Sep 2023
Dissolved
7 Nov 2024
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, ₹1.45 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
Non-government company
Listing
Unlisted
Incorporated
21 Mar 1986
Authorised capital
₹1.00 Cr
Paid-up capital
₹1.00 Cr
ROC
ROC Bangalore
Industry
Manufacturing (Metals and Chemicals, and products thereof)
PIN
560054
Registered office
GROUND FLOOR, NO. 84/5, HARIJAN COLONY MATHIKERE,BENGALURU,Bangalore,Karnataka,560054-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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