Solvent wind-down · IBC Section 59

Tech Ideas Computer Systems Private Limited

U74140MH1987PTC043387 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹1.04 Cr

Amount due to creditors

₹0.10 Cr

Amount paid to creditors

₹0.10 Cr

Liquidation expenses

₹0.07 Cr

Surplus to members

₹0.90 Cr

Time to dissolve

331 days

Commenced

29 Apr 2024

Dissolved

26 Mar 2025

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, ₹0.90 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private