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Solvent wind-down · IBC Section 59

ASV Gears Private Limited

CIN not on record
Liquidation outcome · IBC s.59
Realisation of assets
₹0.52 Cr
Amount due to creditors
₹0.02 Cr
Amount paid to creditors
₹0.02 Cr
Liquidation expenses
₹0.01 Cr
Surplus to members
₹0.49 Cr
Time to dissolve
1,722 days
Commenced
22 Mar 2019
Dissolved
8 Dec 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, ₹0.49 Cr in surplus was returned to members.
Company · MCA master
MCA status
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Company class
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Category
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Sub-category
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Listing
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Incorporated
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Authorised capital
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Paid-up capital
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ROC
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Industry
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PIN
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No MCA master record matched — the company may have been struck off or removed from the register.
Liquidator
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