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 dissolution1y 11mo
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 |
|---|---|---|---|---|---|
API Heat Transfer India Private Limited
5 dated steps in the orderMUMBAI BENCH-I
|
Voluntary Liquidator · Dec 2020 |
🔒 | 🔒 | 🔒 | 2y 10mo to Oct 2023 |
| Xtremum Solutions Private Limited |
Voluntary Liquidator · Sep 2018 |
🔒 | 🔒 | 🔒 | 13 mo to Oct 2019 |
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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