Solvent wind-down · IBC Section 59

Virsad Trading Private Limited

U51909GJ2017PTC099599 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹7.11 Cr

Amount due to creditors

₹0.00 Cr

Amount paid to creditors

₹0.00 Cr

Liquidation expenses

₹0.26 Cr

Surplus to members

₹6.85 Cr

Time to dissolve

1,021 days

Commenced

25 Nov 2022

Dissolved

11 Sep 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, ₹6.85 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private