Xtx Securities 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 10.08 Cr |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 19.00 L |
| Surplus to members | Rs 9.89 Cr |
"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 register466 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
above 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 9.89 Cr in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- Mumbai Bench, Court-II
- Case number
- CP (IB)/93/MB/2023
- Order date
- 9 Oct 2024
Dissolved effective order date
What the bench said
the affairs of the Company have been completely wound up and distribution has been made to the shareholders and, therefore, this Application u/s 59(7) of the Code is as such complete and it deserves to be allowed
Statutory observations
insolvency professional handling a voluntary liquidation process is not required to obtain a No Objection Certificate (NOC) or No Dues Certificate (NDC) from the Income Tax Dept.
Why the company wound up
In the order's own words
decided to windup its operations and suggested initiation of voluntary liquidation
The wind-down, stage by stage
11 dated stages
- 20 Oct 2021 Board resolution to wind up
- 21 Oct 2021 Liquidation commenced
- 23 Oct 2021 Public announcement
- 30 Nov 2021 Preliminary report
- 12 Dec 2022 Final report
- 15 Dec 2022 Final report filed with IBBI
- 5 Jan 2023 Final report filed with the ROC
- 15 May 2024 Declaration of solvency
- 9 Oct 2024 Last hearing
- 9 Oct 2024 NCLT order
- 9 Oct 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
- subsidiary of company incorporated outside India
- Listing
- Unlisted
- State
- Goa
- ROC
- ROC Goa
- Industry
- Finance
- PIN
- 403001
- Incorporated
- 29 May 2019
- Authorised capital
- Rs 20.00 Cr
- Paid-up capital
- Rs 14.10 Cr
- CIN
- U65999GA2019FTC013977
- Registered office
- 201 301 SHANTA BUILDING, 18TH JUNE ROAD, 91 SPRINGBOARD BUSINESS HUB PVT LTD,PANAJI,North Goa,Goa,403001-India
Creditors and claims
As the order records them
no claims received
Creditor approval
no creditors
Litigation and delays
The frictions the order records
Litigation
No litigation is pending against the corporate person.
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.