Solvent wind-down · IBC Section 59

Hitachi Nest Control Systems Private Limited

U33130KA2011PTC060750 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹19.28 Cr

Amount due to creditors

—

Amount paid to creditors

—

Liquidation expenses

₹1.48 Cr

Surplus to members

₹17.80 Cr

Time to dissolve

1,595 days

Commenced

4 Oct 2018

Dissolved

15 Feb 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, ₹17.80 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private