Solvent wind-down · IBC Section 59

American Data Solutions India Private Limited

U72400KA1997PTC022734 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹0.91 Cr

Amount due to creditors

₹0.00 Cr

Amount paid to creditors

₹0.00 Cr

Liquidation expenses

₹0.09 Cr

Surplus to members

₹0.82 Cr

Time to dissolve

1,527 days

Commenced

25 Mar 2021

Dissolved

30 May 2025

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, ₹0.82 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private