Solvent wind-down · IBC Section 59
Welspun Natural Resources Private Limited
U11201GJ2006PTC064142 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹879.11 Cr
Amount due to creditors
₹0.82 Cr
Amount paid to creditors
₹0.82 Cr
Liquidation expenses
₹0.10 Cr
Surplus to members
₹878.19 Cr
Time to dissolve
390 days
Commenced
18 Jan 2023
Dissolved
12 Feb 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, ₹878.19 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
Non-government company
Listing
Unlisted
Incorporated
7 Sep 2006
Authorised capital
₹80.00 Cr
Paid-up capital
₹74.08 Cr
ROC
ROC Ahmedabad
Industry
Mining and Quarrying
PIN
370110
Registered office
Welspun City, Village Versamedi, Taluka Anjar, Kutch,Anjar,Kachchh,Gujarat,370110-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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