Voluntary liquidation · IBC s.59

White Owl Brewery Private Limited

CIN · U55204MH2011PTC220119 Company Maharashtra MCA · Dissolved under section 59(8)

The wind-down at a glance. Follow the recorded outcome, financials and people behind this company.

Process record Dissolution recorded

31 Oct 2025

View process timeline

What did the wind-down return?

Reported financials Rs crore, shown in lakh below Rs 1 crore

Assets realised

Rs 2.39 Cr

Value realised from assets

Paid to creditors

Rs 1.91 Cr

100.0% of reported dues

Surplus to members

Rs 0

A zero surplus is recorded

Where the money went

Share of realisation

Creditors · 79.9%Rs 1.91 Cr

Expenses · 20.1%Rs 48.00 L

Members · 0.0%Rs 0

Amount due to creditors: Rs 1.91 Cr. Reported payout equals 100.0% of dues.

All financial figures & reading notes

Amounts as recorded for this voluntary liquidation
Realisation of assets	Rs 2.39 Cr
Amount due to creditors	Rs 1.91 Cr
Amount paid to creditors	Rs 1.91 Cr
Liquidation expenses	Rs 48.00 L
Surplus to members	Rs 0

"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 register

Time to dissolve1,211 days

593 days slower than the median of 618 days across 1,597 completed wind-downs

Cost of the wind-down20.1% of realisation

the median is 9.5%

Surplus returnedNo

72% of completed wind-downs returned a surplus to members

SizeRs 2.39 Cr

above the median realisation of Rs 66.00 L

Reading this record

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. Creditor dues were met with no surplus remaining after costs.

The NCLT order

Read from the document itself

Bench: MUMBAI BENCH
Case number: C.P. (IB)/1156(MB)2025
Order date: 31 Oct 2025

Dissolved from the date of this order

What the bench said

the affairs of the company have been completely wound up and payments have been made.

31 Oct 2025 · C.P. (IB)/1156(MB)2025 · 10 pages Read the order

Why the company wound up

In the order's own words

What it was set up to do: to operate a chain of microbreweries and restaurants, refreshment room proprietors of hotels, tea rooms, bars, snack bars, and as inn and lodging-house keepers, licensed victualers, tea and coffee shop, cake shop and snack-bar, caterers, bakers, and pastry cooks, confectioners and general provision, merchants, and to carry on business as manufacturers, producers, processors, makers, converters, importers, exporters, traders, buyers, sellers, retailers, wholesalers, suppliers, indenters, packers, movers, preservers, stockiest, agents, sub-agents, merchants, distributors, consignors, jobbers, brokers, concessionaires or otherwise deal, in refreshment, food, mineral waters, and soft drinks, aerated waters, cordials, and consumable goods of every description.

The wind-down, stage by stage

12 dated stages

1,211 days to dissolve

1 Jul 2022 Declaration of solvency
4 Jul 2022 Board resolution to wind up
8 Jul 2022 Liquidation commenced
12 Jul 2022 Public announcement
19 Aug 2022 Preliminary report
20 Aug 2022 Last date for creditors to claim
24 Sep 2025 Final report
24 Sep 2025 Final report filed with the ROC
24 Sep 2025 Final report filed with IBBI
31 Oct 2025 Last hearing
31 Oct 2025 NCLT order
31 Oct 2025 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: Non-government company
Listing: Unlisted
State: Maharashtra
ROC: ROC Mumbai
Industry: Trading
PIN: 401107
Incorporated: 25 Jul 2011order says 21 Aug 2013
Authorised capital: Rs 3.70 Cr
Paid-up capital: Rs 2.38 Lorder says Rs 3.64 Cr
CIN: U55204MH2011PTC220119
Registered office: Shop no. 01, Ronak Apartment, Sai Krupa complex, Kashigaon, Mira Road East,,Thane,Thane,Maharashtra,401107-India

Directors named in the order

Kunjan Ravindranath Chikhlikar · Javed Hanif Murad

Company registry · MCA data as on 12 Jun 2026. Capital figures are shown separately from the wind-down financials.

The money, as the order printed it

Rs as stated in the document — not the crore figures above

Unclaimed proceeds

485278.26

These are the figures the NCLT order prints, in rupees. The crore figures higher up the page come from IBBI's outcome file. They are different measurements from different sources and are shown separately on purpose — the Cr/Lakh switch does not touch them.