Solvent wind-down · IBC Section 59

L&S Risk Management Private Limited

U74120MH2012FTC236153 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹0.83 Cr

Amount due to creditors

₹0.00 Cr

Amount paid to creditors

₹0.00 Cr

Liquidation expenses

₹0.18 Cr

Surplus to members

₹0.65 Cr

Time to dissolve

1,800 days

Commenced

5 Feb 2019

Dissolved

10 Jan 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, ₹0.65 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private