Solvent wind-down · IBC Section 59

Y and R Builders Private Limited

U74899DL1995PTC070024 · Company

Dissolved (Liquidated)

Liquidation outcome · IBC s.59

Realisation of assets

₹0.91 Cr

Amount due to creditors

—

Amount paid to creditors

—

Liquidation expenses

₹0.04 Cr

Surplus to members

₹0.87 Cr

Time to dissolve

250 days

Commenced

26 Feb 2022

Dissolved

3 Nov 2022

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, ₹0.87 Cr in surplus was returned to members.

Company · MCA master

MCA status

Dissolved (Liquidated)

Company class

Private