Solvent wind-down · IBC Section 59

Niveza Wealth Management Private Limited

U67100TG2019PTC134270 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹12.69 Cr

Amount due to creditors

₹0.06 Cr

Amount paid to creditors

₹0.06 Cr

Liquidation expenses

₹0.34 Cr

Surplus to members

₹12.28 Cr

Time to dissolve

370 days

Commenced

2 Sep 2023

Dissolved

6 Sep 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, ₹12.28 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private