Voluntary liquidations
10Solvent member-voluntary liquidations under s.59 — a separate mandate type from CIRP, and a different job: no creditors' committee, no resolution plan, a surplus to return.
Median time to dissolution12 mo
across 3 completed · every VL on record runs 1y 8mo
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| Kay Kay Foods LLP AAQ9308
|
Voluntary Liquidator · Feb 2026 |
— | — | — | in process |
| NAN FANG Enterprise (India) Private Limited U17299GJ2021FTC123841
|
Voluntary Liquidator · Jun 2024 |
Rs 8 Cr | Rs 1 Cr | Rs 0 Cr | 12 mo to Jun 2025 |
| GSPC (JPDA) Limited U23201GJ2006SGC049229
|
Voluntary Liquidator · Feb 2026 |
— | — | — | in process |
| Maa ALU Panel (India) Private Limited U28113GJ2012PTC073115
|
Voluntary Liquidator · Jun 2026 |
— | — | — | in process |
| R and S Engineering India Pvt Ltd U29199GJ1995PTC027661
|
Voluntary Liquidator · Sep 2023 |
Rs 4 Cr | Rs 0 Cr | Rs 4 Cr | 1y 7mo to May 2025 |
| Aishwarya Organisers Private Limited U45202GJ2007PTC052001
|
Voluntary Liquidator · Feb 2026 |
— | — | — | in process |
| Gandhar Shipping and Logistics Private Limited U61100MH2010PTC203142
|
Voluntary Liquidator · Mar 2026 |
— | — | — | in process |
| Heinkel Engineering Private Limited U74120MH2012FTC225755
|
Voluntary Liquidator · Nov 2025 |
— | — | — | in process |
| CHL Building Design Services Private Limited U74900GJ2012PTC070628
|
Voluntary Liquidator · Jan 2026 |
— | — | — | in process |
| Coincept Accounting Solutions Private Limited U74999PN2013PTC149403
|
Voluntary Liquidator · Mar 2025 |
Rs 1 Cr | Rs 1 Cr | Rs 0 Cr | 11 mo to Feb 2026 |
Figures shown where an outcome has been filed. The dated sequence inside a row is read from the tribunal's dissolution order itself, one field at a time, with the page it came from held against it. Regulation 37 (as amended with effect from 31 January 2024) sets 270 days from commencement where the creditors approved the resolution and 90 days where they were not required to — this page does not assign a per-case target, because whether creditors approved is recorded in these orders as prose and has not been classified. The comparison shown is the median of every voluntary liquidation on record: same statistic, same basis.
About this data: Figures come from the IBBI professional register, IBBI published data and public announcement records. Comparisons are medians across stressed.in's full IBBI universe. How every number is sourced, checked and corrected →.
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Voluntary Liquidator10
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