Solvent wind-down · IBC Section 59

Transit Operations India Private Limited

U60231MH2014PTC252448 · Company

Dissolved (Liquidated)

Liquidation outcome · IBC s.59

Realisation of assets

₹0.47 Cr

Amount due to creditors

—

Amount paid to creditors

—

Liquidation expenses

₹0.14 Cr

Surplus to members

₹0.32 Cr

Time to dissolve

1,011 days

Commenced

28 Feb 2020

Dissolved

5 Dec 2022

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, ₹0.32 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved (Liquidated)

Company class

Private