Solvent wind-down · IBC Section 59

Simplicity Foods And Beverages Private Limited

U51224KA1990PTC125023 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹4.04 Cr

Amount due to creditors

₹3.98 Cr

Amount paid to creditors

₹3.98 Cr

Liquidation expenses

₹0.03 Cr

Surplus to members

₹0.00 Cr

Time to dissolve

297 days

Commenced

15 Mar 2025

Dissolved

6 Jan 2026

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. Creditor dues were met with no surplus remaining after costs.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private