Solvent Wind-Downs · IBC Section 59

Voluntary Liquidations

Solvent companies wound down by choice under Section 59 of the IBC — assets realised, creditors settled, and any surplus returned to members. The quiet end of the corporate lifecycle, decoded from IBBI records.

How the 2,582 dissolutions ended
1,140
147
1,295
Surplus returned to members — value left on the books Creditors paid, no surplus Nil distribution recorded
Dissolutions
2,582
companies dissolved
Assets Realised
₹12,231
crore, total
Paid to Creditors
₹1,427
crore settled
Surplus Returned
₹10,372
crore to members
With Surplus
1,140
44% of dissolutions
Avg Time to Dissolve
764
days commencement → dissolution
How to read this: A voluntary liquidation is a healthy company choosing to wind up — assets are realised, creditors paid in full, costs deducted, and whatever remains (the surplus) goes back to shareholders. Unlike CIRP cases there is no haircut or acquirer. A large surplus means the company was wound up with substantial value still on the books.
Sort Latest dissolved Biggest surplus Biggest realisation Longest process
Voluntary Liquidations
↳ click any row for full detail 6 of 2,582 records
Company Realisation Paid to Creditors Surplus Dissolved Outcome
₹1.07 Cr ₹1.04 Cr 30 Mar 2026
Commenced
1 Oct 2024
Dissolved
30 Mar 2026
Time to dissolve
545 days
Realisation of assets
₹1.07 Cr
Amount due to creditors
₹1.04 Cr
Amount paid to creditors
₹1.04 Cr
Liquidation expenses
₹0.03 Cr
Surplus to members
₹0.00 Cr
Solvent voluntary liquidation under IBC Section 59. Creditor dues were met and no surplus remained for members after liquidation costs.
₹12.77 Cr ₹12.57 Cr 30 Mar 2026
Commenced
31 Jan 2026
Dissolved
30 Mar 2026
Time to dissolve
58 days
Realisation of assets
₹12.77 Cr
Amount due to creditors
₹12.57 Cr
Amount paid to creditors
₹12.57 Cr
Liquidation expenses
₹0.21 Cr
Surplus to members
₹0.00 Cr
Solvent voluntary liquidation under IBC Section 59. Creditor dues were met and no surplus remained for members after liquidation costs.
₹1.12 Cr ₹1.09 Cr 30 Mar 2026
Commenced
12 Oct 2023
Dissolved
30 Mar 2026
Time to dissolve
900 days
Realisation of assets
₹1.12 Cr
Amount due to creditors
₹1.09 Cr
Amount paid to creditors
₹1.09 Cr
Liquidation expenses
₹0.03 Cr
Surplus to members
₹0.00 Cr
Solvent voluntary liquidation under IBC Section 59. Creditor dues were met and no surplus remained for members after liquidation costs.
₹2.36 Cr ₹2.19 Cr 27 Mar 2026
Commenced
18 Mar 2025
Dissolved
27 Mar 2026
Time to dissolve
374 days
Realisation of assets
₹2.36 Cr
Amount due to creditors
₹2.19 Cr
Amount paid to creditors
₹2.19 Cr
Liquidation expenses
₹0.16 Cr
Surplus to members
₹0.00 Cr
Solvent voluntary liquidation under IBC Section 59. Creditor dues were met and no surplus remained for members after liquidation costs.
₹3.95 Cr ₹3.92 Cr 26 Mar 2026 Surplus to members
Commenced
13 Jul 2024
Dissolved
26 Mar 2026
Time to dissolve
621 days
Realisation of assets
₹3.95 Cr
Amount due to creditors
₹0.00 Cr
Amount paid to creditors
₹0.00 Cr
Liquidation expenses
₹0.03 Cr
Surplus to members
₹3.92 Cr
Solvent voluntary liquidation under IBC Section 59. Creditors were settled and ₹3.92 Cr in surplus was returned to members — the company was wound up with value still on the books.
₹7.92 Cr ₹7.90 Cr 26 Mar 2026
Commenced
21 Feb 2025
Dissolved
26 Mar 2026
Time to dissolve
398 days
Realisation of assets
₹7.92 Cr
Amount due to creditors
₹7.90 Cr
Amount paid to creditors
₹7.90 Cr
Liquidation expenses
₹0.02 Cr
Surplus to members
₹0.00 Cr
Solvent voluntary liquidation under IBC Section 59. Creditor dues were met and no surplus remained for members after liquidation costs.
⌕ 2,576 more voluntary liquidations

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You're seeing 6 of 2,582 dissolutions. Full realisation, creditor payout and surplus detail — across every quarter — is part of subscriber access.