Solvent wind-down · IBC Section 59

Daiwa House Industry India Private Limited

U70109HR2017FTC070528 · company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹4.40 Cr

Amount due to creditors

₹0.00 Cr

Amount paid to creditors

₹0.00 Cr

Liquidation expenses

₹2.58 Cr

Surplus to members

₹1.82 Cr

Time to dissolve

1,361 days

Commenced

28 Jun 2021

Dissolved

20 Mar 2025

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, ₹1.82 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private