Solvent wind-down · IBC Section 59

Avon Services (Production and Agencies) Private Limited

U51900MH1959PTC011404 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹0.79 Cr

Amount due to creditors

₹0.00 Cr

Amount paid to creditors

₹0.00 Cr

Liquidation expenses

₹0.04 Cr

Surplus to members

₹0.75 Cr

Time to dissolve

666 days

Commenced

24 Feb 2021

Dissolved

22 Dec 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, ₹0.75 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private