Solvent wind-down · IBC Section 59

Sterling Fabory India Private Limited

U51900DL2010PTC199832 · company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹2.33 Cr

Amount due to creditors

₹0.00 Cr

Amount paid to creditors

₹0.00 Cr

Liquidation expenses

₹0.06 Cr

Surplus to members

₹2.27 Cr

Time to dissolve

378 days

Commenced

3 Jun 2022

Dissolved

16 Jun 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, ₹2.27 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private