Solvent wind-down · IBC Section 59

Discovery Info Labs Private Limited

U72200KA2015PTC084473 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹1.82 Cr

Amount due to creditors

₹0.01 Cr

Amount paid to creditors

₹0.01 Cr

Liquidation expenses

₹0.06 Cr

Surplus to members

₹1.75 Cr

Time to dissolve

267 days

Commenced

6 Feb 2023

Dissolved

31 Oct 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, ₹1.75 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private