Solvent wind-down · IBC Section 59

S R Reclamation Private Limited

U25190PB2010PTC034132 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹0.47 Cr

Amount due to creditors

—

Amount paid to creditors

—

Liquidation expenses

₹0.04 Cr

Surplus to members

₹0.44 Cr

Time to dissolve

1,105 days

Commenced

30 Jan 2020

Dissolved

8 Feb 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, ₹0.44 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private