Solvent wind-down · IBC Section 59

Sikich India Technologies Private Limited

U72900PN2015PTC176297 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹0.77 Cr

Amount due to creditors

₹0.21 Cr

Amount paid to creditors

₹0.21 Cr

Liquidation expenses

₹0.28 Cr

Surplus to members

₹0.28 Cr

Time to dissolve

1,140 days

Commenced

27 Nov 2020

Dissolved

11 Jan 2024

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, ₹0.28 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private