Solvent wind-down · IBC Section 59

Living Springs Private Limited

U93090KL2018PTC055646 · Company
Dissolved (Liquidated)
Liquidation outcome · IBC s.59
Realisation of assets
₹0.62 Cr
Amount due to creditors
Amount paid to creditors
Liquidation expenses
₹0.02 Cr
Surplus to members
₹0.60 Cr
Time to dissolve
241 days
Commenced
14 Mar 2020
Dissolved
10 Nov 2020
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, ₹0.60 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved (Liquidated)
Company class
Private
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
26 Nov 2018
Authorised capital
₹4.00 Cr
Paid-up capital
₹1.35 Cr
ROC
ROC Ernakulam
Industry
Community, personal and Social Services
PIN
682314
Registered office
16/52 F, NEAR JESMART MULANTHURUTHY .P .O,ERNAKULAM,Ernakulam,Kerala,682314-India
Liquidator
ICSI Institute of Insolvency Professiona
IBBI/IPA-002/IP-N00521/2017-2018/11638
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