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Intelligence / The verdicts / Voluntary liquidations

Voluntary liquidations — what a solvent wind-down returns

Solvent companies winding themselves up under Section 59 — what they return, and how long it takes.

What a solvent wind-down returns

₹12,283 Crrealised by the wind-downs that have been dissolved
448of 450
paid creditors in full, where anything was owed
1,128
still in process (amber) · 1,593 dissolved (grey)

Every ₹ figure on this page is over dissolved wind-downs only.

Find the wind-down

Showing a hand-picked selection of 6 records — a fixed preview that does not move ₹ crore · money over dissolved processes only
Corporate personCIN · state · industry
Timeline · durationcommenced → dissolved
Realised₹ crore
To creditorsdue → paid
To memberssurplus
Cost% of realisation
Liquidator
RegistryMCA status · open
Feb 2026dissolvedfrom Jul 202420 mo · 596 days
₹83.00 L
₹0no dues recorded
₹0
100.0%₹83.00 L
Dissolved under section 59(8)View case ↗
Dec 2025dissolvedfrom Jul 202416 mo · 490 days
₹2.23 Cr
₹0no dues recorded
₹2.19 Cr
2.2%₹5.00 L
Dissolved under section 59(8)View case ↗
Sep 2025dissolvedfrom Mar 202418 mo · 546 days
₹38.00 L
₹32.00 Ldue
₹32.00 Lpaid
in full
₹4.00 L
5.3%₹2.00 L
Dissolved under section 59(8)View case ↗
May 2025dissolvedfrom Jan 202416 mo · 475 days
₹4.00 L
₹0no dues recorded
₹0
100.0%₹4.00 L
Dissolved under section 59(8)View case ↗
Apr 2025dissolvedfrom Jul 20249 mo · 280 days
₹0
₹0no dues recorded
₹0
₹0
Dissolved under section 59(8)View case ↗
Jan 2025dissolvedfrom Feb 202411 mo · 338 days
₹4.00 L
₹0no dues recorded
₹0
100.0%₹4.00 L
Dissolved under section 59(8)View case ↗
Where the money goes ₹10,359 Cr

reached members — 84 paise of every ₹1 realised; 3 paise paid for the wind-down

reached members — the shareholders who put the company up for winding. Of every ₹1 realised, 84 paise went to them and 3 paise paid for the wind-down itself; the rest settled creditors.

Realised → where it went
members
to membersto creditors ₹1,478 Crthe cost of winding up

Surplus per company · click a band to filter the register

under ₹1 Cr₹1–10 Cr₹10–100 Cr₹100 Cr+
Liquidation expenses · total
₹349 Cr
Realised less than ₹1 Cr
934 dissolutions
Realised ₹100 Cr or more
14 dissolutions
No creditor dues recorded at all
1,143 dissolutions
The book still open 703days

median age of a wind-down with no dissolution date yet

is the median age of a wind-down that has no dissolution date yet — half the open book has been running longer than that. A company is a median 11.1 years old when it starts winding itself up (n=2,535).

Open processes by age · click a band to filter
Why a solvent company winds itself up 74.0%

were simply not carrying on business any more — IBBI's own reason split

The rest of IBBI's split
Commercially unviable
14.0%
Purpose accomplished / contract ended
3.0%
Promoters unable to manage
2.0%
Miscellaneous
7.0%

Members also see the year-by-year clock, the quarterly flow, the whole-register benchmark, and the state, industry and liquidator tables.See plans → Sign in

As of IBBI voluntary liquidation register to 25 Jun 2026 (latest recorded dissolution) · MCA snapshot as on 12 Jun 2026 · IBBI published figures to 30 Jun 2026 · NCLT dissolution orders read to Sep 2026.

Sources, basis and disclaimers →What changed this weekReport an error

How to read this page

Process dates, liquidator names and reported financials come from the voluntary liquidation records held on stressed.in, sourced from IBBI. Open an individual record for its NCLT order, financials, liquidator and registry detail.

A record with no dissolution date is kept out of every duration and every money total on this page. Where a figure is absent the cell is absent: nothing here is a placeholder, and no value is inferred from another row.

Whole-register duration medians use dated records with non-negative durations. Summary financials cover dated dissolutions and sum the figures that exist, so different totals may rest on different numbers of companies and need not reconcile with one another.

Quoted sentences in a record's quick view are the Tribunal's own words from the dissolution order, shortened only for length. The bench, the case number and the order date are quoted as the order prints them, which is why two benches may read as “Mumbai Bench” and “COURT-V, MUMBAI BENCH” — we have not normalised them into a league.