Solvent wind-down · IBC Section 59

I V Share and Stock Brokers Ltd

U67120PB1995PLC016033 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹0.29 Cr

Amount due to creditors

—

Amount paid to creditors

—

Liquidation expenses

₹0.03 Cr

Surplus to members

₹0.26 Cr

Time to dissolve

1,016 days

Commenced

20 Feb 2020

Dissolved

2 Dec 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, ₹0.26 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Public