Solvent wind-down · IBC Section 59
Wells Fargo International Finance (India) Private Limited
U74999KA2016FTC095937 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹1.61 Cr
Amount due to creditors
₹0.00 Cr
Amount paid to creditors
₹0.00 Cr
Liquidation expenses
₹0.40 Cr
Surplus to members
₹1.21 Cr
Time to dissolve
1,413 days
Commenced
5 Oct 2018
Dissolved
18 Aug 2022
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, ₹1.21 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved (Liquidated)
Company class
Private
Category
Company limited by shares
Sub-category
subsidiary of company incorporated outside India
Listing
Unlisted
Incorporated
23 Aug 2016
Authorised capital
₹3.40 Cr
Paid-up capital
₹1.90 Cr
ROC
ROC Bangalore
Industry
Business Services
PIN
560001
Registered office
201, 2nd Floor, Prestige Sigma at No.3 Vittal Mallya Road,,Bangalore,Bangalore,Karnataka,560001-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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