Solvent wind-down · IBC Section 59

Bee Gee Developers Private Limited

U45201MH1988PTC265949 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹0.78 Cr

Amount due to creditors

—

Amount paid to creditors

—

Liquidation expenses

₹0.11 Cr

Surplus to members

₹0.67 Cr

Time to dissolve

704 days

Commenced

25 Feb 2021

Dissolved

30 Jan 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, ₹0.67 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private