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 dissolution1y 11mo
across 6 completed · every VL on record runs 1y 8mo
Dissolution orders read1 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 |
|---|---|---|---|---|---|
Crop Tech Chemicals (India) Private Limited
6 dated steps in the orderMumbai Bench-IV
|
Voluntary Liquidator · Feb 2020 |
🔒 | 🔒 | 🔒 | 1y 7mo to Sep 2021 |
| Treva Health Care Private Limited |
Voluntary Liquidator · May 2023 |
🔒 | 🔒 | 🔒 | 2y 5mo to Oct 2025 |
| Avon Services (Production and Agencies) Private Limited |
Voluntary Liquidator · Feb 2021 |
🔒 | 🔒 | 🔒 | 1y 9mo to Dec 2022 |
| CLSA India Finance Private Limited |
Voluntary Liquidator · Jan 2022 |
🔒 | 🔒 | 🔒 | 13 mo to Feb 2023 |
| ELEMENT119 Leasing and Finance Private Limited |
Voluntary Liquidator · Nov 2019 |
🔒 | 🔒 | 🔒 | 2y to Dec 2021 |
| Marsplay Internet Private Limited |
Voluntary Liquidator · Feb 2022 |
🔒 | 🔒 | 🔒 | 3y 6mo to Sep 2025 |
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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