Voluntary liquidations
9Solvent 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 11mo
across 7 completed · every VL on record runs 1y 8mo
Dissolution orders read3 of 9
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 |
|---|---|---|---|---|---|
Perwein Trading Private Limited
7 dated steps in the orderMumbai Bench, Court II
|
Voluntary Liquidator · Oct 2020 |
🔒 | 🔒 | 🔒 | 3y 2mo to Jan 2024 |
| Virsad Trading Private Limited |
Voluntary Liquidator · Nov 2022 |
🔒 | 🔒 | 🔒 | 2y 9mo to Sep 2025 |
| United Ocean Ship Management Private Limited |
Voluntary Liquidator · Sep 2018 |
🔒 | 🔒 | 🔒 | in process |
Millenium Broadcast Company Private Limited
5 dated steps in the orderMUMBAI BENCH, COURT-V
|
Voluntary Liquidator · Dec 2019 |
🔒 | 🔒 | 🔒 | 3y 10mo to Nov 2023 |
| Millenium Mumbai Broadcast Private Limited |
Voluntary Liquidator · Dec 2019 |
🔒 | 🔒 | 🔒 | 2y 8mo to Sep 2022 |
| Helix Investments Advisors India Private Limited |
Voluntary Liquidator · Aug 2024 |
🔒 | 🔒 | 🔒 | 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 →
Report an error →
Role mix
Voluntary Liquidator9
Trying to reach Umesh?
This profile is unclaimed, so direct contact isn't listed. Leave your details and we'll route the introduction.
Is this your profile?
This page is built from IBBI's public record, and the case pages on your record link to it. Claiming is free — one code to your IBBI-registered email — and puts you in control: your photo, your story, a contact button.