Solvent wind-down · IBC Section 59

Quantium Express Solutions (India) Private Limited

U74999MH2015FTC267157 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹2.99 Cr

Amount due to creditors

₹0.46 Cr

Amount paid to creditors

₹0.46 Cr

Liquidation expenses

₹0.98 Cr

Surplus to members

₹1.54 Cr

Time to dissolve

1,353 days

Commenced

30 Sep 2020

Dissolved

14 Jun 2024

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, ₹1.54 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private