Solvent wind-down · IBC Section 59

Sandhar Ecco Green Energy Private Limited

U74900DL2013PTC252844 · company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹1.56 Cr

Amount due to creditors

₹0.03 Cr

Amount paid to creditors

₹0.03 Cr

Liquidation expenses

₹0.07 Cr

Surplus to members

₹1.46 Cr

Time to dissolve

629 days

Commenced

22 May 2021

Dissolved

10 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, ₹1.46 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private