Solvent wind-down · IBC Section 59

Uttam Singh Dugal & Sons (Construction) Private Limited

U45201TN1972PTC006110 · Company

Dissolved (Liquidated)

Liquidation outcome · IBC s.59

Realisation of assets

₹0.52 Cr

Amount due to creditors

—

Amount paid to creditors

—

Liquidation expenses

₹0.15 Cr

Surplus to members

₹0.37 Cr

Time to dissolve

1,015 days

Commenced

4 Apr 2019

Dissolved

13 Jan 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, ₹0.37 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved (Liquidated)

Company class

Private