Solvent wind-down · IBC Section 59

Sarah Construction Private Limited

U45400MH2007PTC171580 · Company

Dissolved (Liquidated)

Liquidation outcome · IBC s.59

Realisation of assets

₹1.28 Cr

Amount due to creditors

—

Amount paid to creditors

—

Liquidation expenses

₹0.94 Cr

Surplus to members

₹0.34 Cr

Time to dissolve

859 days

Commenced

4 Oct 2017

Dissolved

10 Feb 2020

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, ₹0.34 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved (Liquidated)

Company class

Private