Solvent wind-down · IBC Section 59

Metropolitan Leisure Homes Private Limited

U70200TG2007PTC056896 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹18.67 Cr

Amount due to creditors

₹0.01 Cr

Amount paid to creditors

₹0.01 Cr

Liquidation expenses

₹0.13 Cr

Surplus to members

₹18.53 Cr

Time to dissolve

453 days

Commenced

8 Feb 2023

Dissolved

6 May 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, ₹18.53 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private