Solvent wind-down · IBC Section 59

ECL Engineering Services India Private Limited

U74140TN2009FTC116440 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹1.27 Cr

Amount due to creditors

₹0.53 Cr

Amount paid to creditors

₹0.53 Cr

Liquidation expenses

₹0.35 Cr

Surplus to members

₹0.39 Cr

Time to dissolve

880 days

Commenced

19 Feb 2021

Dissolved

19 Jul 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, ₹0.39 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private