Solvent wind-down · IBC Section 59

Sakhi Resorts and Farmlands Pvt. Ltd.

U55101PB1998PTC021083 · Company

Dissolved (Liquidated)

Liquidation outcome · IBC s.59

Realisation of assets

₹0.62 Cr

Amount due to creditors

₹0.01 Cr

Amount paid to creditors

₹0.01 Cr

Liquidation expenses

₹0.01 Cr

Surplus to members

₹0.60 Cr

Time to dissolve

1,130 days

Commenced

11 Feb 2019

Dissolved

17 Mar 2022

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, ₹0.60 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved (Liquidated)

Company class

Private