Solvent wind-down · IBC Section 59

3Tier R&D India Private Limited

U73100KA2008PTC046033 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹1.89 Cr

Amount due to creditors

₹0.86 Cr

Amount paid to creditors

₹0.86 Cr

Liquidation expenses

₹0.25 Cr

Surplus to members

₹0.78 Cr

Time to dissolve

1,250 days

Commenced

22 Mar 2021

Dissolved

23 Aug 2024

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, ₹0.78 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private