Solvent wind-down · IBC Section 59

Kellys Benefit Nidhi Limited

U67120TN1987PLC015141 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹2.33 Cr

Amount due to creditors

₹0.04 Cr

Amount paid to creditors

₹0.04 Cr

Liquidation expenses

₹0.08 Cr

Surplus to members

₹2.21 Cr

Time to dissolve

503 days

Commenced

28 Apr 2023

Dissolved

12 Sep 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, ₹2.21 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Public