Solvent wind-down · IBC Section 59

Wipro Personal Care Private Limited

U36999KA2018PTC119331 · Company

Dissolved under section 59(8)

Liquidation outcome · IBC s.59

Realisation of assets

₹4.90 Cr

Amount due to creditors

₹0.01 Cr

Amount paid to creditors

₹0.01 Cr

Liquidation expenses

₹0.06 Cr

Surplus to members

₹4.84 Cr

Time to dissolve

265 days

Commenced

30 Mar 2023

Dissolved

20 Dec 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. Here, ₹4.84 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved under section 59(8)

Company class

Private