Solvent wind-down · IBC Section 59

ASC Airline Service Center Private Limited

U72900MH2008FTC183778 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹13.94 Cr

Amount due to creditors

₹0.00 Cr

Amount paid to creditors

₹0.00 Cr

Liquidation expenses

₹1.64 Cr

Surplus to members

₹12.31 Cr

Time to dissolve

2,009 days

Commenced

3 Apr 2018

Dissolved

3 Oct 2023

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, ₹12.31 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private