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Solvent wind-down · IBC Section 59

Zipsure General Insurance Limited

U66000MH2018PLC313608 · Company
Dissolved (Liquidated)
Liquidation outcome · IBC s.59
Realisation of assets
₹0.05 Cr
Amount due to creditors
Amount paid to creditors
Liquidation expenses
₹0.01 Cr
Surplus to members
₹0.04 Cr
Time to dissolve
718 days
Commenced
23 Feb 2020
Dissolved
10 Feb 2022
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, ₹0.04 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved (Liquidated)
Company class
Public
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
6 Sep 2018
Authorised capital
₹5.00 L
Paid-up capital
₹5.00 L
ROC
ROC Mumbai
Industry
Insurance
PIN
400020
Registered office
C/o Tushar Shridharani, 417, 4th Floor Jolly Bhavan No.1, 10, New Marine Lines,MUMBAI,Mumbai City,Maharashtra,400020-India
Liquidator
ICAI IIIPI
IBBI/IPA-001/IP-P01334/2018-2019/12013
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