Solvent wind-down · IBC Section 59

Sunder Bhawar Holiday Homes Pvt. Ltd.

U45400MH2011PTC221951 · Company

Dissolved (Liquidated)

Liquidation outcome · IBC s.59

Realisation of assets

₹39.00 Cr

Amount due to creditors

—

Amount paid to creditors

—

Liquidation expenses

₹1.00 Cr

Surplus to members

₹38.00 Cr

Time to dissolve

318 days

Commenced

26 Jun 2018

Dissolved

10 May 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, ₹38.00 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved (Liquidated)

Company class

Private