Solvent wind-down · IBC Section 59

Mastermind Commodeal Private Limited

U51909WB2008PTC131583 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹9.36 Cr

Amount due to creditors

₹0.00 Cr

Amount paid to creditors

₹0.00 Cr

Liquidation expenses

₹0.15 Cr

Surplus to members

₹9.21 Cr

Time to dissolve

782 days

Commenced

27 Nov 2020

Dissolved

18 Jan 2023

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, ₹9.21 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private