Solvent wind-down · IBC Section 59

Thermax Sustainable Energy Solution Limited

U29219PN1987PLC045658 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹0.23 Cr

Amount due to creditors

₹0.00 Cr

Amount paid to creditors

₹0.00 Cr

Liquidation expenses

₹0.16 Cr

Surplus to members

₹0.07 Cr

Time to dissolve

676 days

Commenced

5 Apr 2021

Dissolved

10 Feb 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, ₹0.07 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Public