Solvent wind-down · IBC Section 59

Suxxus DBS Securities Limited

U67120TZ1994PLC005329 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹0.48 Cr

Amount due to creditors

—

Amount paid to creditors

—

Liquidation expenses

₹0.19 Cr

Surplus to members

₹0.29 Cr

Time to dissolve

353 days

Commenced

24 Jan 2022

Dissolved

12 Jan 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, ₹0.29 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Public