Solvent wind-down · IBC Section 59

Pallavi Marketing Private Limited

U51505BR1996PTC007469 · Company

Dissolved (Liquidated)

Liquidation outcome · IBC s.59

Realisation of assets

₹1.98 Cr

Amount due to creditors

₹0.00 Cr

Amount paid to creditors

₹0.00 Cr

Liquidation expenses

₹0.09 Cr

Surplus to members

₹1.89 Cr

Time to dissolve

195 days

Commenced

21 Apr 2022

Dissolved

2 Nov 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, ₹1.89 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved (Liquidated)

Company class

Private