Solvent wind-down · IBC Section 59

Lotte Data Communication R&D Center India LLP

AAQ1848 · LLP

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹2.09 Cr

Amount due to creditors

₹0.04 Cr

Amount paid to creditors

₹0.04 Cr

Liquidation expenses

₹0.06 Cr

Surplus to members

₹1.99 Cr

Time to dissolve

413 days

Commenced

22 Oct 2021

Dissolved

9 Dec 2022

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, ₹1.99 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

data unavailable