Solvent wind-down · IBC Section 59

Seaarland Management Services (India) Private Limited

U61100MH2001PTC132125 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹15.40 Cr

Amount due to creditors

₹0.11 Cr

Amount paid to creditors

₹0.11 Cr

Liquidation expenses

₹1.30 Cr

Surplus to members

₹13.99 Cr

Time to dissolve

1,893 days

Commenced

29 Sep 2018

Dissolved

5 Dec 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, ₹13.99 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private