Xdoc Works Private Limited
The wind-down at a glance. Follow the recorded outcome, financials and people behind this company.
What did the wind-down return?
Reported financials Rs crore, shown in lakh below Rs 1 crore
Where the money went
Share of realisationAmount due to creditors: Rs 0. No payout percentage is calculated against zero or negative dues.
All financial figures & reading notes
| Realisation of assets | Rs 29.00 L |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 5.00 L |
| Surplus to members | Rs 24.00 L |
"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 register304 days slower than the median of 618 days across 1,597 completed wind-downs
the median is 9.5%
72% of completed wind-downs returned a surplus to members
below the median realisation of Rs 66.00 L
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. Here, Rs 24.00 L in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- AHMEDABAD, COURT - 2
- Case number
- CP(IB)/6(AHM)2023
- Order date
- 9 Nov 2024
Corporate Person (Applicant Company) M/s. XDOC Works Private Limited having CIN: U72900GJ2010PTC060210 shall stand dissolved from the date of this order.
What the bench said
on examining the submissions made by the Applicant and after perusing the documents annexed to the Petition it appears that the affairs of the Company have been completely wound up and the assets of the Applicant Company have been completely liquidated and as such the Applicant Company deserves to be dissolved.
Statutory observations
as per the records available with this office, no prosecution, complaints, Compounding and other matters are pending against the Company.
Why the company wound up
In the order's own words
the business of the company was severely affected by the first and second COVID-19 wave and was not able to revive the company and its operations thereafter.
- What it was set up to do
- to design, develop, apply, interpret, analyze, improve and buy, sell, import, export, acquire, license, operate, assemble, repair, recondition, alter, convert, improve, install and modify of all types of software, software programmers, software engineers, software developers, software implementation, branding services, web designers, web hosting and server related services, web development, application development and integration etc.
The wind-down, stage by stage
9 dated stages
- 2 May 2022 Liquidation commenced
- 27 Jul 2022 Declaration of solvency
- 1 Aug 2022 Board resolution to wind up
- 6 Aug 2022 Public announcement
- 31 Aug 2022 Last date for creditors to claim
- 1 Sep 2022 Preliminary report
- 22 Dec 2022 Final report filed with the ROC
- 9 Nov 2024 NCLT order
- 9 Nov 2024 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
- Gujarat
- ROC
- ROC Ahmedabad
- Industry
- Business Services
- PIN
- 382481
- Incorporated
- 8 Apr 2010
- Authorised capital
- Rs 5.00 L
- Paid-up capital
- Rs 5.00 L
- CIN
- U72900GJ2010PTC060210
- Registered office
- L-401, ICB CITY, NR. VANDEMATARAM TOWNSHIP, NEW S G ROAD, GOTA,,AHMEDABAD,Ahmedabad,Gujarat,382481-India
Shareholding as the order states it
| Member | Shares | % |
|---|---|---|
| M/s. Reeleezee B.V. | 499990 | |
| Jan Willem Gerard Stronks (As nominee of Reeleezee B. V.) | 10 |
Creditors and claims
As the order records them
One claim received from a shareholder in Form-F on 24.08.2022 and another claim received from Income Tax Department on 22.09.2022.
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.