Solvent wind-down · IBC Section 59

Tadano India Private Limited

U29150KA2012FTC063306 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹1.76 Cr

Amount due to creditors

—

Amount paid to creditors

—

Liquidation expenses

₹0.41 Cr

Surplus to members

₹1.35 Cr

Time to dissolve

1,279 days

Commenced

25 Jul 2019

Dissolved

24 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, ₹1.35 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private