Solvent wind-down · IBC Section 59

Wilson Tool India Private Limited

U51909KA2018FTC115540 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹0.45 Cr

Amount due to creditors

₹0.18 Cr

Amount paid to creditors

₹0.18 Cr

Liquidation expenses

₹0.27 Cr

Surplus to members

—

Time to dissolve

313 days

Commenced

31 Mar 2022

Dissolved

7 Feb 2023

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. Creditor dues were met with no surplus remaining after costs.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private