Solvent wind-down · IBC Section 59

Q Squared Solutions (India) Private Limited

U74999MH2015FTC267956 · Company
Dissolved under section 59(8)
Liquidation outcome · IBC s.59
Realisation of assets
₹0.10 Cr
Amount due to creditors
₹0.03 Cr
Amount paid to creditors
₹0.03 Cr
Liquidation expenses
₹0.05 Cr
Surplus to members
₹0.02 Cr
Time to dissolve
513 days
Commenced
22 Nov 2021
Dissolved
19 Apr 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, ₹0.02 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved under section 59(8)
Company class
Private
Category
Company limited by shares
Sub-category
subsidiary of company incorporated outside India
Listing
Unlisted
Incorporated
31 Aug 2015
Authorised capital
₹1.00 Cr
Paid-up capital
₹40.54 L
ROC
ROC Mumbai
Industry
Business Services
PIN
400059
Registered office
Leela Business Park, Unit No 301, 2nd Floor (Third Level) M.V.Road, Andheri (East),Mumbai,Mumbai City,Maharashtra,400059-India
Liquidator
Indian Institute of Insolvency Professio
IBBI/IPA-001/IP-P-01372/2018-2019/12300
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