Zet Finvest 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 46.00 L |
|---|---|
| Amount due to creditors | Rs 0 |
| Amount paid to creditors | Rs 0 |
| Liquidation expenses | Rs 6.00 L |
| Surplus to members | Rs 40.00 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 register72 days faster 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 40.00 L in surplus was returned to members.
The NCLT order
Read from the document itself
- Bench
- Bengaluru Bench
- Case number
- C.P. (IB) No.19/BB/2025
- Order date
- 29 Aug 2025
M/s. Zet Finvest Private Limited is hereby dissolved and C.P.(IB) No.19/BB/2025 is allowed.
What the bench said
On examination of the submissions and documents filed with the Application, it is apparent that the affairs of the Applicant have been completely wound up and its assets have been completely liquidated.
Statutory observations
RoC Karnataka filed Status Report stating no enquiry/inspection/complaint/legal action is pending, and Income Tax Department filed report stating no outstanding TDS demand or pending proceedings.
The wind-down, stage by stage
13 dated stages
- 27 Feb 2024 Board resolution to wind up
- 27 Feb 2024 Declaration of solvency
- 1 Mar 2024 Liquidation commenced
- 2 Mar 2024 Public announcement
- 31 Mar 2024 Last date for creditors to claim
- 12 Apr 2024 Preliminary report
- 28 Apr 2024 Final report filed with IBBI
- 28 May 2024 Final report
- 28 May 2024 Final report filed with the ROC
- 18 Sep 2024 Dissolution application filed
- 25 Jul 2025 Last hearing
- 29 Aug 2025 NCLT order
- 29 Aug 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
- Karnataka
- ROC
- ROC Bangalore
- Industry
- Finance
- PIN
- 560102
- Incorporated
- 2 Jul 2021
- Authorised capital
- Rs 2.00 Cr
- Paid-up capital
- Rs 2.00 Cr
- CIN
- U67100KA2021PTC149069
- Registered office
- The Oriental Towers, No. 461, 1st Floor, 17th Cross Road, Sector 4, HSR Layout,Bengaluru,Bangalore,Karnataka,560102-India
The money, as the order printed it
Rs as stated in the document — not the crore figures above
- Total receipts
- Rs 45.55 L
- Total payments
- Rs 45.55 L
- Liquidator fee
- Rs 1.80 L
Receipts
| Balance at Bank | Rs 45.55 L |
|---|
Payments
| Liquidator fee paid | Rs 1.80 L |
|---|---|
| GST Paid on Liquidation fee | Rs 36,000 |
| TDS Paid on Liquidation fee | Rs 20,000 |
| Advertisement cost | Rs 9,120 |
| GST paid on Advertisement cost | Rs 456 |
| Creditors (Incl GST) | Rs 2.81 L |
| TDS Paid on Creditors Payment | Rs 26,000 |
| NCLT & ROC Expenses | Rs 20,000 |
| Audit fee paid | Rs 10,000 |
| Interest on TDS | Rs 1,170 |
| Srikant Ramakkrushnan | Rs 19.86 L |
| Vishal Chaudhary | Rs 19.86 L |
Distributed to members
| Srikant Ramakkrushnan | Rs 19.86 L |
|---|---|
| Vishal Chaudhary | Rs 19.86 L |
Creditors and claims
As the order records them
the liquidator received a claim from a Creditor who raised a tax invoice subsequent to the commencement of liquidation.
Figures come from IBBI, NCLT, MCA and other official sources. Methodology · Report an error
See other companies in the voluntary liquidation register.