Company Status: Liquidated (Dissolved)
An Overview of the Liquidation Process and Its Effects
When a company is classified as Liquidated (Dissolved), it signifies that the entity has been formally closed down. Its assets have been liquidated—meaning sold off—to fulfill any outstanding obligations to creditors, resulting in its cessation as a legal entity. This status marks the conclusive end of the company's business activities and the termination of its registration.
Understanding Liquidation
- 1. Asset Sale: The company's assets are sold to pay off any outstanding liabilities.
- 2. Creditor Payments: The proceeds from the asset sales are allocated to repay creditors based on a prioritized order.
- 3. Entity Closure: Once all debts are settled, the company's registration is terminated, and it ceases all operations.
Reasons for Liquidation
- 1. Financial Insolvency: When a company is unable to fulfill its financial obligations.
- 2. Shareholder Decision: Shareholders may opt for liquidation to prevent further losses.
- 3. Regulatory Mandate: Legal or regulatory requirements may necessitate liquidation.
List of Dissolved (Liquidated) Companies
Displaying 18 Dissolved (Liquidated) companies from MCA database.
Dissolved (Liquidated)
SEEMA INDUSTRIES LIMITED
Mansa Road, BATHINDANA-PUNJAB-Punjab-151001-India
Registration Date
21 Jan, 1985
Category
Company limited by shares
Authorized Capital
₹50,000,000.00
Paid-up Capital
₹43,099,100.00
ROC Chandigarh
Indian
Dissolved (Liquidated)
PAPER AND GINGER MERCHANTS ASASOCIATION LIMITED
332-334 NARSINATHA STREETNA-MUMBAI-Maharashtra-400009-India
Registration Date
22 Dec, 1937
Category
Company limited by guarantee
Authorized Capital
₹0.00
Paid-up Capital
₹0.00
ROC Mumbai
Indian
Dissolved (Liquidated)
FLORENCE AGRO DEVELOPERS LIMITED
79, EAST CAR STREET TUTICORIN-628 002NA-CHIDAMBARANAR DISTRICT-Tamil Nadu-628002-India
Registration Date
30 Nov, 1993
Category
Company limited by shares
Authorized Capital
₹500,000.00
Paid-up Capital
₹0.00
ROC Chennai
Indian
Dissolved (Liquidated)
SINGLO(INDIA)TEA CO LTD
APEEJAY HOUSE15 PARK STREETNA-KOLKATA-West Bengal-700016-India
Registration Date
19 Feb, 1977
Category
Company limited by shares
Authorized Capital
₹10,000,000.00
Paid-up Capital
₹70.00
ROC Kolkata
Indian
Dissolved (Liquidated)
BAINTGOORIE TEA CO LTD
3B LAL BAZAR STREETNA-KOLKATA-West Bengal-700001-India
Registration Date
21 Sep, 1983
Category
Company limited by shares
Authorized Capital
₹5,000,000.00
Paid-up Capital
₹2,500,000.00
ROC Kolkata
Indian
Dissolved (Liquidated)
JASWAL GRANITES LTD
SURVEY NO.161/162BHRAMANPALLY PANCHAYAT TOOPRANMANDAL MEDAKNA-TOOPRANMANDAL MEDAK-Telangana-000000-India
Registration Date
20 Oct, 1987
Category
Company limited by shares
Authorized Capital
₹200,000,000.00
Paid-up Capital
₹190,403,000.00
ROC Hyderabad
Indian
Dissolved (Liquidated)
EURO INDUSTRIES (INDIA) LIMITED
26,COMMANDER.IN.CHIEF ROAD, EGMORENA-CHENNAI-Tamil Nadu-600008-India
Registration Date
09 May, 1994
Category
Company limited by shares
Authorized Capital
₹10,000,000.00
Paid-up Capital
₹70.00
ROC Chennai
Indian
Dissolved (Liquidated)
BARAR INDUSTRIES LTD
AT 51/2 VILL; SUNAPADAP O BADAPADNA TEHSIL ANANDPURNA-KEONJHAR-Orissa-000000-India
Registration Date
30 Jun, 1989
Category
Company limited by shares
Authorized Capital
₹50,000,000.00
Paid-up Capital
₹34,830,100.00
ROC Cuttack
Indian
Dissolved (Liquidated)
SHIVANI VANASPATI LTD.
KAPURSINGHPO ORANDANA-CUTTACK ORISSA-Orissa-754029-India
Registration Date
04 Nov, 1992
Category
Company limited by shares
Authorized Capital
₹62,100,000.00
Paid-up Capital
₹0.00
ROC Cuttack
Indian
Dissolved (Liquidated)
M RAVJI OIL INDUSTRIES LIMITED
588 GHEE BAZAR KALUPURAHMEDABAD-02NA-NA-Gujarat-000000-India
Registration Date
03 Apr, 1986
Category
Company limited by shares
Authorized Capital
₹500,000.00
Paid-up Capital
₹0.00
ROC Ahmedabad
Indian
Dissolved (Liquidated)
TRANS ASIA CORPORATION LIMITED
110, ROYAL RATAN 7, M.G. ROADNA-INDORE-Madhya Pradesh-452001-India
Registration Date
16 Sep, 1993
Category
Company limited by shares
Authorized Capital
₹60,000,000.00
Paid-up Capital
₹52,092,000.00
ROC Gwalior
Indian
Dissolved (Liquidated)
GERALD ENGINEERING LTD.
42A SHAKESPEER SARANINA-KOLKATA-West Bengal-700017-India
Registration Date
21 Apr, 1981
Category
Company limited by shares
Authorized Capital
₹1,000,000.00
Paid-up Capital
₹500.00
ROC Kolkata
Indian
Dissolved (Liquidated)
MEHAR DAIRY INDUSTRIES LIMITED
V.P.O JUGIANA G.T.ROADNA-LUDHIANA-Punjab-000000-India
Registration Date
19 Nov, 1991
Category
Company limited by shares
Authorized Capital
₹150,000,000.00
Paid-up Capital
₹130,694,000.00
ROC Chandigarh
Indian
Dissolved (Liquidated)
SHRI SAINATH PROTEINS LIMITED
A/25 GROUND FLOOROXFORD AVENUE OPP C U SHAH- COLLEGE NR VIDYAPITHNA-AHMEDABAD-Gujarat-000000-India
Registration Date
07 May, 1990
Category
Company limited by shares
Authorized Capital
₹60,000,000.00
Paid-up Capital
₹35,847,000.00
ROC Ahmedabad
Indian
Dissolved (Liquidated)
HIMGIRI FOODS LIMITED
A/17 AJANTA COMMERCIAL CENTER, 5TH , FLOOR,ASHRAM ROAD,NA-AHMEDABAD-Gujarat-380009-India
Registration Date
13 Jul, 1992
Category
Company limited by shares
Authorized Capital
₹100,000,000.00
Paid-up Capital
₹88,000,000.00
ROC Ahmedabad
Indian
Dissolved (Liquidated)
MAC AGRO INDUSTRIES LIMITED
99, ARMENIAN STREET,NA-MADRAS-Tamil Nadu-600001-India
Registration Date
08 May, 1944
Category
Company limited by shares
Authorized Capital
₹400,000,000.00
Paid-up Capital
₹0.00
ROC Chennai
Indian
Dissolved (Liquidated)
PETTAVAITTALAI SUGARS AND CHEMICALS LIMI TED
234, N.S.C. BOSE ROAD,CHENNAI.600001.NA-CHENNAI.600001.-Tamil Nadu-000000-India
Registration Date
20 Feb, 1948
Category
Company limited by shares
Authorized Capital
₹440,000,000.00
Paid-up Capital
₹0.00
ROC Chennai
Indian
Dissolved (Liquidated)
CALCUTTA TEA MERCHANTS LTD.
113 PARK STNA-KOLKATA-West Bengal-700016-India
Registration Date
07 Oct, 1955
Category
Company limited by shares
Authorized Capital
₹500,000.00
Paid-up Capital
₹15,000.00
ROC Kolkata
Indian
Stakeholder Impact of Dissolution
- 1. Employees: Employment contracts are terminated, and employees may receive compensation from the liquidation proceeds.
- 2. Creditors: Creditors are repaid according to a specific order, but they may not recover the full amount owed if assets are insufficient.
- 3. Shareholders: Shareholders typically receive remaining assets only after all debts have been settled.
Steps in the Liquidation Process
Step 1: Liquidator Appointment
A liquidator is designated to manage the asset sales and ensure the lawful distribution of funds.
Step 2: Asset Liquidation
All assets of the company, including property, equipment, and inventory, are sold to generate funds.
Step 3: Liability Settlement
The proceeds from asset sales are used to pay creditors, starting with secured creditors and then moving to unsecured creditors.
Step 4: Closure and Deregistration
Once all obligations have been satisfied, the company is officially closed, and its registration is revoked.
Conclusion
The designation of "Liquidated (Dissolved)" signifies that the company has undergone formal winding up. Liquidation provides a structured approach to settling debts, effectively closing the entity, and ensuring that creditors and stakeholders receive compensation to the maximum extent possible.
Browse Other Companies by Company Status
-
Latest Posts