Solvent wind-down · IBC Section 59

Oyster Holdings Private Limited

U67120TN1995PTC096841 · Company

Dissolved (Liquidated)

Liquidation outcome · IBC s.59

Realisation of assets

₹1.81 Cr

Amount due to creditors

—

Amount paid to creditors

—

Liquidation expenses

₹0.03 Cr

Surplus to members

₹1.78 Cr

Time to dissolve

543 days

Commenced

19 Mar 2021

Dissolved

13 Sep 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, ₹1.78 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved (Liquidated)

Company class

Private