Solvent wind-down · IBC Section 59

Fujin Power Private Limited

U40108KA2013PTC087143 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹3.46 Cr

Amount due to creditors

—

Amount paid to creditors

—

Liquidation expenses

₹0.01 Cr

Surplus to members

₹3.44 Cr

Time to dissolve

388 days

Commenced

23 Aug 2022

Dissolved

15 Sep 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, ₹3.44 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private