Solvent wind-down · IBC Section 59
Sun Asset Reconstruction India Private Ltd.
U74900TN2016PTC104429 · Company
Liquidation outcome · IBC s.59
Realisation of assets
₹2.22 Cr
Amount due to creditors
₹0.01 Cr
Amount paid to creditors
₹0.01 Cr
Liquidation expenses
₹0.04 Cr
Surplus to members
₹2.17 Cr
Time to dissolve
471 days
Commenced
31 Mar 2018
Dissolved
15 Jul 2019
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, ₹2.17 Cr in surplus was returned to members.
Company · MCA master
MCA status
Dissolved (Liquidated)
Company class
Private
Category
Company limited by shares
Sub-category
Non-government company
Listing
Unlisted
Incorporated
26 Feb 2016
Authorised capital
₹2.20 Cr
Paid-up capital
₹2.20 Cr
ROC
ROC Chennai
Industry
Business Services
PIN
600020
Registered office
Flat.No.1GroundFloorRanjitDoorNo.14/82,FirstAvenue,IndiraNagar,Adyar,Chennai,Chennai,Tamil Nadu,600020-India
Full voluntary-liquidation records — realisation, payout and surplus across every quarter — are available to members.
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