Solvent wind-down · IBC Section 59

H B Enterprises Private Limited

U51909PB1983PTC005688 · Company

Dissolved (Liquidated)

Liquidation outcome · IBC s.59

Realisation of assets

₹1.50 Cr

Amount due to creditors

—

Amount paid to creditors

—

Liquidation expenses

₹0.22 Cr

Surplus to members

₹1.28 Cr

Time to dissolve

1,120 days

Commenced

1 Apr 2019

Dissolved

25 Apr 2022

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, ₹1.28 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved (Liquidated)

Company class

Private