Solvent wind-down · IBC Section 59

HMS Host and Lite Bite Private Limited

U55101KA2015PTC082899 · company

Dissolved (Liquidated)

Liquidation outcome · IBC s.59

Realisation of assets

₹0.53 Cr

Amount due to creditors

₹0.46 Cr

Amount paid to creditors

₹0.46 Cr

Liquidation expenses

₹0.04 Cr

Surplus to members

₹0.03 Cr

Time to dissolve

425 days

Commenced

12 Sep 2018

Dissolved

11 Nov 2019

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, ₹0.03 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved (Liquidated)

Company class

Private