Voluntary liquidations
6Solvent 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 dissolution4y 4mo
across 5 completed · every VL on record runs 1y 8mo
Dissolution orders read2 of 6
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 |
|---|---|---|---|---|---|
| Selectron Systems Private Limited |
Voluntary Liquidator · Apr 2018 |
🔒 | 🔒 | 🔒 | 1y 9mo to Feb 2020 |
Hitachi NeST Control Systems Private Limited
8 dated steps in the orderBENGALURU BENCH, BENGALURU
|
Voluntary Liquidator · Oct 2018 |
🔒 | 🔒 | 🔒 | 4y 4mo to Feb 2023 |
| RGF Executive Search India Private Limited |
Voluntary Liquidator · Dec 2020 |
🔒 | 🔒 | 🔒 | in process |
| April International Marketing Services (India) Private Limited |
Voluntary Liquidator · Dec 2020 |
🔒 | 🔒 | 🔒 | 4y 4mo to May 2025 |
| Fuji Lio Trading Private Limited |
Voluntary Liquidator · Oct 2019 |
🔒 | 🔒 | 🔒 | 6y to Oct 2025 |
Emori (India) Trading Private Limited
5 dated steps in the orderMUMBAI BENCH-IV
|
Voluntary Liquidator · Jan 2019 |
🔒 | 🔒 | 🔒 | 2y 3mo to May 2021 |
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 Liquidator6
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