Company Status: Under Liquidation
Understanding the Process of Liquidation
The status Under Liquidation means that the company is currently selling its assets to pay off its debts. This is often the last step before the company is completely dissolved, especially if the Corporate Insolvency Resolution Process (CIRP) has failed.
Why is a Company Under Liquidation?
- 1. Financial Problems: The company may have severe financial issues that make it unable to continue operations.
- 2. Failed Recovery Efforts: Attempts to revive the company through CIRP may not have worked, leading to liquidation.
- 3. Settling Debts: Liquidation allows the company to sell assets and use the money to pay off creditors.
What Does This Mean for the Company?
- 1. Selling Assets: The company will begin selling its assets, such as property, equipment, and inventory, to generate cash.
- 2. Paying Creditors: The money from selling assets is used to pay off outstanding debts to creditors.
- 3. Ceasing Operations: The company will stop all business operations as it prepares for dissolution.
List of Under Liquidation Companies
Displaying 18 Under Liquidation companies from MCA database.
Under Liquidation
LAKSHMI ENERGY AND FOODS LIMITED
SCO NO 19 SECTOR 7-CNA-CHANDIGARH-Chandigarh-160019-India
Registration Date
20 Jul, 1990
Category
Company limited by shares
Authorized Capital
₹200,000,000.00
Paid-up Capital
₹147,260,000.00
ROC Chandigarh
Indian
Under Liquidation
SFL INDUSTRIES LIMITED
VILLAGE RAIL MAJRA,TEHSIL BALACHOUR DISTT NAWANSHAHARNA-PUNJAB-Punjab-000000-India
Registration Date
01 Jul, 1987
Category
Company limited by shares
Authorized Capital
₹200,000,000.00
Paid-up Capital
₹54,411,000.00
ROC Chandigarh
Indian
Under Liquidation
RAVI HI-TECH LIMITED
NS-6, ADITYAPUR INDUSTRIAL AREA PHASE VNA-(JAMSHEDPUR).-Jharkhand-000000-India
Registration Date
02 Jan, 1989
Category
Company limited by shares
Authorized Capital
₹70,000,000.00
Paid-up Capital
₹60,000,000.00
ROC Jharkhand
Indian
Under Liquidation
USHER AGRO LIMITED
212, LAXMI PLAZA, LAXMI INDUSTRIAL ESTATE, NEW LINK ROAD, ANDHERI (WEST)NA-MUMBAI-Maharashtra-400053-India
Registration Date
20 Jun, 1996
Category
Company limited by shares
Authorized Capital
₹800,000,000.00
Paid-up Capital
₹776,715,000.00
ROC Mumbai
Indian
Under Liquidation
TRANS TECHNO FOODS LIMITED
B-2 SARITA DARSHAN OPP JAIHIND PRESS ASHRAM ROADNA-AHMEDABAD-Gujarat-380009-India
Registration Date
17 Jan, 1994
Category
Company limited by shares
Authorized Capital
₹220,000,000.00
Paid-up Capital
₹211,200,000.00
ROC Ahmedabad
Indian
Under Liquidation
SANJIVANI AGRO INDUSTRIES LTD.
B-604, SHRI SIDDHI VINAYAKTOWERS, TANK ROAD, ORLEM MALAD WEST,NA-MUMBAI - 400 064.-Maharashtra-000000-India
Registration Date
20 Oct, 1992
Category
Company limited by shares
Authorized Capital
₹10,000,000.00
Paid-up Capital
₹0.00
ROC Mumbai
Indian
Under Liquidation
INDO-FRENCH BIO-TECH ENTERPRISES LTD.
B-1002, STATION PLAZA,STATION ROAD, BHANDUP WEST, MUMBAI-78NA-W.E.F. 20/11/2002-Maharashtra-000000-India
Registration Date
03 Nov, 1992
Category
Company limited by shares
Authorized Capital
₹5,000,000.00
Paid-up Capital
₹0.00
ROC Mumbai
Indian
Under Liquidation
PASUMAI IRRIGATION LIMITED
29, POLICE COMMISSIONER'SOFFICE ROAD EGMORENA-CHENNAI-Tamil Nadu-600008-India
Registration Date
29 Mar, 1989
Category
Company limited by shares
Authorized Capital
₹150,000,000.00
Paid-up Capital
₹38,350,000.00
ROC Chennai
Indian
Under Liquidation
SEQUOIA FORESTS LTD
SCO 815MANIMAJRA CHANDIGARHNA-UT-Chandigarh-000000-India
Registration Date
13 Feb, 1995
Category
Company limited by shares
Authorized Capital
₹100,000.00
Paid-up Capital
₹7,000.00
ROC Chandigarh
Indian
Under Liquidation
KARUTURI GLOBAL LIMITED
204,Embassy Centre 11,Cresent RoadNA-Bangalore-Karnataka-560001-India
Registration Date
26 Dec, 1994
Category
Company limited by shares
Authorized Capital
₹1,750,000,000.00
Paid-up Capital
₹1,497,530,000.00
ROC Bangalore
Indian
Under Liquidation
NEW TERAI ASSOCIATION LTD
26 BURTOLLA STREETNA-KOLKATA-West Bengal-700007-India
Registration Date
22 Dec, 1917
Category
Company limited by shares
Authorized Capital
₹1,800,000.00
Paid-up Capital
₹1,140,000.00
ROC Kolkata
Indian
Under Liquidation
DHANANJAY COMMERCIAL CO LTD
P 35 INDIA EXCHANGE PLACENA-KOLKATA-West Bengal-700001-India
Registration Date
24 Nov, 1982
Category
Company limited by shares
Authorized Capital
₹2,400,000.00
Paid-up Capital
₹2,400,000.00
ROC Kolkata
Indian
Under Liquidation
BARCLE ENTERPRISES LIMITED
3A RIPON STREETNA-KOL-West Bengal-700016-India
Registration Date
03 Jan, 1983
Category
Company limited by shares
Authorized Capital
₹10,000,000.00
Paid-up Capital
₹8,400,000.00
ROC Kolkata
Indian
Under Liquidation
SHRI ASTER SILICATES LIMITED
Plot No.831, B/h. J.M Huber Chemicals, Jhagadia GIDC, Jhagadia, Dist. BharuchNA-Jhagadia-Gujarat-393110-India
Registration Date
27 Aug, 1996
Category
Company limited by shares
Authorized Capital
₹250,000,000.00
Paid-up Capital
₹235,266,000.00
ROC Ahmedabad
Indian
Under Liquidation
VARUNA AGROPROTINS LIMITED
82BMADANGIR VILLAGENA-NEW DELHI-Delhi-110062-India
Registration Date
21 May, 1986
Category
Company limited by shares
Authorized Capital
₹75,000,000.00
Paid-up Capital
₹29,780,900.00
ROC Delhi
Indian
Under Liquidation
BHARAT COMMERCE AND INDUSTRIES LIMITED
BIRLAGRAM NAGDANA-UJJAIN-Madhya Pradesh-456331-India
Registration Date
16 Jun, 1999
Category
Company limited by shares
Authorized Capital
₹150,000,000.00
Paid-up Capital
₹50,000,000.00
ROC Gwalior
Indian
Under Liquidation
BELLARY STEELS AND ALLOYS LIMITED
S.10/11,ANNATHAPUR ROADNA-BELLARY-Karnataka-583101-India
Registration Date
17 May, 1984
Category
Company limited by shares
Authorized Capital
₹500,000,000.00
Paid-up Capital
₹2,315,720.00
ROC Bangalore
Indian
Under Liquidation
SAMRUDDHI REALTY LIMITED
2nd Floor, No 1, Tate Lane, Richmond Road CrossNA-Bangalore-Karnataka-560025-India
Registration Date
28 Nov, 2003
Category
Company limited by shares
Authorized Capital
₹200,000,000.00
Paid-up Capital
₹100,944,000.00
ROC Bangalore
Indian
What Can Stakeholders Do?
- 1. File Claims: Creditors should file claims to ensure their debts are considered during the liquidation process.
- 2. Stay Updated: Stakeholders should keep track of the liquidation process and any decisions made by the liquidator.
- 3. Understand Their Rights: Stakeholders should be aware of their rights and how the liquidation may affect them.
Conclusion
The "Under Liquidation" status signifies that the company is selling its assets to pay off debts. It is crucial for stakeholders to engage actively in the process and understand their rights to ensure a fair resolution.
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