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 dissolution2y 5mo
across 2 completed · every VL on record runs 1y 8mo
Dissolution orders read1 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 |
|---|---|---|---|---|---|
| BRG Iron & Steel Industries LLP AAH8856
|
Voluntary Liquidator · Dec 2019 |
🔒 | 🔒 | 🔒 | 4 mo to Apr 2020 |
Shivshankar Niwas Private Limited
5 dated steps in the orderKolkata Bench (Court – I)
|
Voluntary Liquidator · Nov 2019 |
🔒 | 🔒 | 🔒 | 4y 6mo to Jun 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.
Source: IBBI register and published data. How we source and correct →
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Role mix
Voluntary Liquidator2
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