Solvent wind-down · IBC Section 59

Cummins Research and Technology India Private Limited

U73100PN2003PTC018025 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹2.23 Cr

Amount due to creditors

₹0.00 Cr

Amount paid to creditors

₹0.00 Cr

Liquidation expenses

₹0.20 Cr

Surplus to members

₹2.03 Cr

Time to dissolve

621 days

Commenced

1 Apr 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, ₹2.03 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private