Solvent wind-down · IBC Section 59

Virtustream Security Solutions Private Limited

U74210PN2000PTC016982 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹8.01 Cr

Amount due to creditors

₹0.00 Cr

Amount paid to creditors

₹0.00 Cr

Liquidation expenses

₹0.50 Cr

Surplus to members

₹7.51 Cr

Time to dissolve

1,327 days

Commenced

2 May 2021

Dissolved

19 Dec 2024

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, ₹7.51 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private