Voluntary liquidations
2Solvent member-voluntary liquidations under s.59 — a separate mandate type from CIRP, and a different job: no creditors' committee, no resolution plan, a surplus to return.
Median time to dissolution14 mo
across 2 completed · every VL on record runs 1y 8mo
Dissolution orders read2 of 2
the tribunal's own order, field by field — expand a row for the dated sequence
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
Shree Jaysurya Steels Private Limited
5 dated steps in the orderDIVISION BENCH–I, CHENNAI
Delay recorded in the order“company received two IT refunds for AY 2010-11 and AY 2012-13 and refund money relating to AY 2012-13 only on 23.11.2024.” |
Voluntary Liquidator · Feb 2024 |
🔒 | 🔒 | 🔒 | 12 mo to Feb 2025 |
Kellys Benefit Nidhi Limited
6 dated steps in the orderDIVISION BENCH – II, CHENNAI
|
Voluntary Liquidator · Apr 2023 |
🔒 | 🔒 | 🔒 | 17 mo to Sep 2024 |
Realised, paid and surplus figures are member data. Figures shown where an outcome has been filed.
The dated sequence inside a row is read from the tribunal's dissolution order itself, one field at a time, with the page it came from held against it. Regulation 37 (as amended with effect from 31 Jan 2024) sets 270 days from commencement where the creditors approved the resolution and 90 days where they were not required to — this page does not assign a per-case target, because whether creditors approved is recorded in these orders as prose and has not been classified. The comparison shown is the median of every voluntary liquidation on record: same statistic, same basis.
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Role mix
Voluntary Liquidator2
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