Voluntary liquidations
5Solvent 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.
Typical time to dissolution1y 8mo
median across every VL on record — none of these mandates has reached dissolution yet
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| AB Soya Private Limited |
Voluntary Liquidator · Jan 2023 |
🔒 | 🔒 | 🔒 | in process |
| LYNX Tools & Components Private Limited |
Voluntary Liquidator · Jul 2026 |
🔒 | 🔒 | 🔒 | in process |
| PML Mercantile Limited |
Voluntary Liquidator · Nov 2024 |
🔒 | 🔒 | 🔒 | in process |
| Shinco Overseas Private Limited |
Voluntary Liquidator · May 2023 |
🔒 | 🔒 | 🔒 | in process |
| LIS Studylink India Private Limited |
Voluntary Liquidator · Mar 2025 |
🔒 | 🔒 | 🔒 | in process |
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.
Source: IBBI register and published data. How we source and correct →
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Role mix
Voluntary Liquidator5
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