Solvent wind-down · IBC Section 59

Petromedia Marine Intelligence Private Limited

U74140DL2011PTC311173 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹0.47 Cr

Amount due to creditors

₹0.17 Cr

Amount paid to creditors

₹0.17 Cr

Liquidation expenses

₹0.18 Cr

Surplus to members

₹0.11 Cr

Time to dissolve

2,170 days

Commenced

8 Aug 2019

Dissolved

17 Jul 2025

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, ₹0.11 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private