Solvent wind-down · IBC Section 59

Andromeda Derivative Strategies Limited

U67120GJ2007PLC052046 · Company

Dissolved (Liquidated)

Liquidation outcome · IBC s.59

Realisation of assets

₹5.43 Cr

Amount due to creditors

—

Amount paid to creditors

—

Liquidation expenses

₹0.02 Cr

Surplus to members

₹5.41 Cr

Time to dissolve

965 days

Commenced

22 Jan 2019

Dissolved

13 Sep 2021

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, ₹5.41 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved (Liquidated)

Company class

Public