Solvent wind-down · IBC Section 59

Flocus Technologies Private Limited

U72900DL2019PTC358233 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹1.72 Cr

Amount due to creditors

₹0.86 Cr

Amount paid to creditors

₹0.86 Cr

Liquidation expenses

₹0.03 Cr

Surplus to members

₹0.83 Cr

Time to dissolve

941 days

Commenced

22 Aug 2022

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, ₹0.83 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private