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.
Typical time to dissolution1y 8mo
median across every VL on record — none of these mandates has reached dissolution yet
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| Green Industrial Impex Private Limited |
Voluntary Liquidator · Feb 2022 |
🔒 | 🔒 | 🔒 | in process |
| Prabhat Forgings Pvt Ltd |
Voluntary Liquidator · Aug 2021 |
🔒 | 🔒 | 🔒 | in process |
| Leader Cycles Limited |
Voluntary Liquidator · Nov 2020 |
🔒 | 🔒 | 🔒 | in process |
| Culinary F&B Private Limited |
Voluntary Liquidator · Dec 2021 |
🔒 | 🔒 | 🔒 | 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.
Source: IBBI register and published data. How we source and correct →
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Role mix
Voluntary Liquidator4
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