Solvent wind-down · IBC Section 59

Stallion Securities Limited

U65910GJ1988PLC010335 · Company

Dissolved (Liquidated)

Liquidation outcome · IBC s.59

Realisation of assets

₹0.65 Cr

Amount due to creditors

—

Amount paid to creditors

—

Liquidation expenses

₹0.02 Cr

Surplus to members

₹0.63 Cr

Time to dissolve

545 days

Commenced

30 Nov 2018

Dissolved

28 May 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, ₹0.63 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved (Liquidated)

Company class

Public