Solvent wind-down · IBC Section 59

Karamsad Investments Limited

U65990GJ1997PLC032513 · Company

Dissolved (Liquidated)

Liquidation outcome · IBC s.59

Realisation of assets

₹0.46 Cr

Amount due to creditors

—

Amount paid to creditors

—

Liquidation expenses

₹0.06 Cr

Surplus to members

₹0.40 Cr

Time to dissolve

507 days

Commenced

11 Aug 2018

Dissolved

31 Dec 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, ₹0.40 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved (Liquidated)

Company class

Public