Solvent wind-down · IBC Section 59

One-Red India Licensing Private Limited

U74999MH2011FTC218620 · Company

Dissolved (Liquidated)

Liquidation outcome · IBC s.59

Realisation of assets

₹0.64 Cr

Amount due to creditors

₹0.12 Cr

Amount paid to creditors

₹0.12 Cr

Liquidation expenses

₹0.23 Cr

Surplus to members

₹0.29 Cr

Time to dissolve

968 days

Commenced

5 Dec 2017

Dissolved

30 Jul 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, ₹0.29 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved (Liquidated)

Company class

Private