Voluntary liquidations
8Solvent 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 dissolution2y 8mo
across 6 completed · every VL on record runs 1y 8mo
Dissolution orders read4 of 8
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 |
|---|---|---|---|---|---|
| Printpack Packaging Supplies (India) Private Limited |
Voluntary Liquidator · Mar 2021 |
🔒 | 🔒 | 🔒 | 2y 4mo to Aug 2023 |
Adamas India Pharmaceuticals Private Limited
5 dated steps in the orderBENGALURU BENCH, BENGALURU
Delay recorded in the order“The liquidation process of the corporate person could not be completed within 12 months” |
Voluntary Liquidator · Apr 2018 |
🔒 | 🔒 | 🔒 | 3y 7mo to Nov 2021 |
| Linear Technology Semiconductor India Private Limited |
Voluntary Liquidator · Mar 2023 |
🔒 | 🔒 | 🔒 | 2y 1mo to May 2025 |
| Asia Pacific Breweries (India) Private Limited |
Voluntary Liquidator · Jul 2020 |
🔒 | 🔒 | 🔒 | 3y 7mo to Mar 2024 |
| Instart Logic India Private Limited |
Voluntary Liquidator · Feb 2022 |
🔒 | 🔒 | 🔒 | in process |
Builddirect Technologies India Private Limited
8 dated steps in the orderSPECIAL BENCH, BENGALURU
|
Voluntary Liquidator · Aug 2020 |
🔒 | 🔒 | 🔒 | 3y to Aug 2023 |
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 Liquidator8
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