Solvent wind-down · IBC Section 59

Sime Darby Edible Products India Private Limited

U15144DL2010FTC200708 · Company

Dissolved (Liquidated)

Liquidation outcome · IBC s.59

Realisation of assets

₹0.50 Cr

Amount due to creditors

₹0.08 Cr

Amount paid to creditors

₹0.08 Cr

Liquidation expenses

₹0.12 Cr

Surplus to members

₹0.31 Cr

Time to dissolve

1,232 days

Commenced

8 Mar 2019

Dissolved

22 Jul 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, ₹0.31 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved (Liquidated)

Company class

Private