Solvent wind-down · IBC Section 59

Varam Capital Private Limited

U65993TN1991PTC087497 · Company

Dissolved (Liquidated)

Liquidation outcome · IBC s.59

Realisation of assets

₹14.85 Cr

Amount due to creditors

—

Amount paid to creditors

—

Liquidation expenses

₹0.12 Cr

Surplus to members

₹14.73 Cr

Time to dissolve

443 days

Commenced

23 Apr 2019

Dissolved

9 Jul 2020

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, ₹14.73 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved (Liquidated)

Company class

Private