Solvent wind-down · IBC Section 59

Ashmore Investment Advisors (India) Private Limited

U67190MH2008PTC247027 · Company

Dissolved (Liquidated)

Liquidation outcome · IBC s.59

Realisation of assets

₹7.24 Cr

Amount due to creditors

—

Amount paid to creditors

—

Liquidation expenses

₹0.45 Cr

Surplus to members

₹6.79 Cr

Time to dissolve

1,386 days

Commenced

16 Jan 2019

Dissolved

2 Nov 2022

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, ₹6.79 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved (Liquidated)

Company class

Private