Solvent wind-down · IBC Section 59

Hainan Constructions Private Limited

U45200DL2007PTC159734 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹0.03 Cr

Amount due to creditors

₹0.01 Cr

Amount paid to creditors

₹0.01 Cr

Liquidation expenses

₹0.01 Cr

Surplus to members

₹0.01 Cr

Time to dissolve

377 days

Commenced

6 Jan 2022

Dissolved

18 Jan 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, ₹0.01 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private