Solvent wind-down · IBC Section 59

Colourful Eco Park Limited

U18109TN2012PLC087136 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹1.67 Cr

Amount due to creditors

—

Amount paid to creditors

—

Liquidation expenses

₹0.05 Cr

Surplus to members

₹1.62 Cr

Time to dissolve

926 days

Commenced

8 Jul 2020

Dissolved

20 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, ₹1.62 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Public