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 dissolution2y 9mo
across 1 completed · every VL on record runs 1y 8mo
Dissolution orders read1 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 |
|---|---|---|---|---|---|
| J Thomas Trading & Investments Pvt Ltd |
Voluntary Liquidator · May 2026 |
🔒 | 🔒 | 🔒 | in process |
| J. Thomas Finance Pvt. Ltd. |
Voluntary Liquidator · Sep 2026 |
🔒 | 🔒 | 🔒 | in process |
Varma Brokerages Private Limited
7 dated steps in the orderKolkata, Division Bench, Court No. II
Delay recorded in the order“delayed receipt of Income Tax Refund / delay in processing the refund amount by the Income Tax Department” |
Voluntary Liquidator · Oct 2021 |
🔒 | 🔒 | 🔒 | 2y 9mo to Jul 2024 |
| Chandrashree Commercial Enterprises Limited |
Voluntary Liquidator · Jun 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.
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Role mix
Voluntary Liquidator4
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