Voluntary liquidations
4Solvent 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 dissolution13 mo
across 4 completed · every VL on record runs 1y 8mo
Dissolution orders read3 of 4
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 |
|---|---|---|---|---|---|
Colourful Eco Park Limited
5 dated steps in the orderDIVISION BENCH - I, CHENNAI
|
Voluntary Liquidator · Jul 2020 |
🔒 | 🔒 | 🔒 | 2y 6mo to Jan 2023 |
Coimbatore Commodities Limited
5 dated steps in the orderDIVISION BENCH - II, CHENNAI
|
Voluntary Liquidator · Oct 2020 |
🔒 | 🔒 | 🔒 | 12 mo to Nov 2021 |
| Suxxus DBS Securities Limited |
Voluntary Liquidator · Jan 2022 |
🔒 | 🔒 | 🔒 | 12 mo to Jan 2023 |
| DCS BPO Private Limited |
Voluntary Liquidator · Jun 2022 |
🔒 | 🔒 | 🔒 | 13 mo to Jun 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 Liquidator4
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