Solvent wind-down · IBC Section 59

Primus Investment Advisors Private Limited

U74140MH2006PTC163780 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹3.33 Cr

Amount due to creditors

₹0.00 Cr

Amount paid to creditors

₹0.00 Cr

Liquidation expenses

₹0.16 Cr

Surplus to members

₹3.16 Cr

Time to dissolve

1,748 days

Commenced

28 Dec 2018

Dissolved

11 Oct 2023

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, ₹3.16 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private