Solvent wind-down · IBC Section 59

K Chittilappilly Capital Private Limited

U65929KL2020PTC063903 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹2.39 Cr

Amount due to creditors

₹0.00 Cr

Amount paid to creditors

₹0.00 Cr

Liquidation expenses

₹0.04 Cr

Surplus to members

₹2.35 Cr

Time to dissolve

435 days

Commenced

21 Mar 2023

Dissolved

29 May 2024

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, ₹2.35 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private