Solvent wind-down · IBC Section 59

Ccfid Finance Private Limited

U65929TN2019PTC128313 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹5.72 Cr

Amount due to creditors

₹5.47 Cr

Amount paid to creditors

₹5.47 Cr

Liquidation expenses

₹0.02 Cr

Surplus to members

₹0.23 Cr

Time to dissolve

373 days

Commenced

5 Dec 2022

Dissolved

13 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, ₹0.23 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private