Solvent wind-down · IBC Section 59

Parks Webtech Limited

U07220MP1995PLC009259 · Company

Dissolved (Liquidated)

Liquidation outcome · IBC s.59

Realisation of assets

₹0.04 Cr

Amount due to creditors

—

Amount paid to creditors

—

Liquidation expenses

₹0.01 Cr

Surplus to members

₹0.03 Cr

Time to dissolve

1,077 days

Commenced

24 Feb 2018

Dissolved

5 Feb 2021

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, ₹0.03 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved (Liquidated)

Company class

Public