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Voluntary Liquidation Advisory

Closing Your
Business,
with Clarity & Confidence

JurisTatva connects you with India's leading insolvency professionals and legal experts to navigate voluntary liquidation — seamlessly, compliantly, and on your terms.

IBC 2016 Compliant
Full process aligned with Insolvency & Bankruptcy Code
Expert Network
Connected with IBBI-registered Insolvency Professionals
End-to-End Support
From planning to final dissolution filings
0+
Years of Combined Expertise
Expert
VOLUNTARY WINDING-UP
End-to-End
Advisory
0°
Advisory Coverage
Strategic Planning
Documentation
MCA · IBBI
Legal Compliance
Stakeholder Mgmt
Asset Advisory
Valuation & Realisation
Final Dissolution
Claims Review
Due Diligence
IBC Aligned
Section 59
Who We Are

Your Trusted Partner in
Business Transition

JurisTatva is a specialised advisory firm facilitating voluntary liquidation processes for solvent companies under the Insolvency and Bankruptcy Code, 2016. We bridge companies with the right legal and compliance expertise — ensuring every step of the closure process is handled with precision.

We do not act as liquidators — we advise, coordinate, and support businesses, directors, and shareholders through one of the most important decisions they will make.

Advisory Services Process Facilitation Document Preparation Expert Coordination Compliance Guidance Stakeholder Support
Why Voluntary Liquidation

The Benefits of a
Structured Exit

Choosing the right path to close your company protects stakeholders, preserves reputation, and ensures full legal compliance — avoiding costly pitfalls of improper winding up.

01
Director Liability Protection
A properly conducted voluntary liquidation shields directors from personal liability — ensuring compliance is demonstrated at every stage of the closure process.
02
Faster Than Court Winding Up
Voluntary liquidation under IBC is significantly faster than compulsory court-ordered winding up — giving companies more control over timelines and outcomes.
03
Maximised Stakeholder Returns
Structured asset realisation and distribution under the IBC waterfall ensures creditors and shareholders receive maximum possible value from the closure.
04
Clean Regulatory Record
Proper voluntary liquidation results in a clean compliance record — critical for directors and promoters who may wish to start or manage other ventures.
05
Creditor Confidence
Transparent claim management and open communication build goodwill with creditors — protecting business relationships and the company's legacy.
06
Full Legal Certainty
Dissolution under IBC provides definitive legal closure — ending all corporate obligations, liabilities, and regulatory filing requirements permanently.
PROCESS
How It Works

The Voluntary Liquidation
Roadmap

A structured, step-by-step pathway — every milestone explained clearly so you always know where you are.

01
Step
Declaration of Solvency
A majority of the Board of Directors declare, after a full financial review, that the company has no outstanding debts — or that it is fully capable of paying all liabilities within 12 months from the commencement of liquidation. This declaration must be supported by a verified statement of assets and liabilities.
Board Resolution Audited Financials IBC Section 59(3)(a)
02
Step
Member & Creditor Resolution
Within 4 weeks of the solvency declaration, a special resolution is passed by shareholders. If the company has any creditors, a concurrent creditors' meeting is held to secure their approval. A two-thirds majority of creditor value is required where applicable.
Special Resolution Within 4 Weeks 2/3 Majority Rule
03
Step
Appointment of Insolvency Professional
An IBBI-registered Insolvency Professional is appointed as the Liquidator. A public announcement is made within 5 days of commencement. IBBI is notified within 7 days. The IP takes control and responsibility for the entire liquidation estate.
IBBI Registered IP 5-Day Announcement IBBI Notification
04
Step
Claims Collection & Verification
All creditors, employees, and other stakeholders submit their claims to the Liquidator within a stipulated period. Each claim is reviewed, verified, and either admitted or disputed. A comprehensive register of claims is maintained and made accessible to stakeholders.
30-Day Claim Window Claims Register Transparent Review
05
Step
Asset Realisation & Distribution
Corporate assets are identified, professionally valued, and realised (sold/transferred) at fair value. Proceeds are distributed strictly in accordance with the priority waterfall under Section 53 of IBC — secured creditors first, followed by unsecured creditors, then shareholders.
Professional Valuation Section 53 Waterfall Fair Distribution
06
Step
Final Report & Dissolution
The Liquidator prepares a comprehensive final report and files it with IBBI and NCLT. The NCLT issues an order of dissolution. The company's name is struck off from the Register of Companies — providing complete, irrevocable legal closure.
Final Liquidator Report NCLT Dissolution Order ROC Strike-Off
Why Choose Us

The JurisTatva
Advantage

We bring together advisory expertise, regulatory knowledge, and a network of experienced professionals to make your business closure as smooth as possible.

Deep Regulatory Knowledge
Our advisory team has intimate knowledge of IBC 2016, IBBI Regulations, Companies Act 2013 and NCLT procedures — ensuring nothing is missed.
Strong Professional Network
Access to a curated network of IBBI-registered Insolvency Professionals, chartered accountants, valuers and legal experts across India.
Document-Driven Precision
Every resolution, announcement, report and filing is prepared with meticulous attention — minimising the risk of procedural errors or regulatory delays.
Transparent Communication
Regular updates to directors, shareholders and creditors at every stage — with complete clarity on timelines, costs, and next steps.
OUR VENTURES

Our Ventures

JurisTatva
S & S Associates
Section8 Companies
Voluntary Liquidation
Corporate DD
Fast Track Merger
ROC Shifting
Settle Offence
ROC Adjudication
Strike Off
JurisTatva
S & S Associates
Section8 Companies
Voluntary Liquidation
Corporate DD
Fast Track Merger
ROC Shifting
Settle Offence
ROC Adjudication
Strike Off
Common Questions

Frequently Asked
Questions

Still have questions?
Our advisory team is available to discuss your specific situation in complete confidence. Reach out for a consultation.
+91 99102 19977 Connect@JurisTatva.com
Book Consultation
Voluntary liquidation under Section 59 of IBC, 2016 is a process by which a solvent corporate entity (company, LLP, or other corporate person) chooses to wind up its affairs and dissolve itself. The key eligibility criterion is that the company must have no outstanding debts, or must be capable of paying all its debts in full from the proceeds of asset realisation within 12 months of commencement.
No. JurisTatva is an advisory and facilitation firm — we do not act as an Insolvency Professional or Liquidator. The appointment of an IBBI-registered Insolvency Professional as Liquidator is a statutory requirement under IBC. We advise, coordinate, prepare documentation, and support the entire process — but the Liquidator role is held by the registered IP your company appoints.
The IBBI Voluntary Liquidation Regulations prescribe a 12-month timeline from commencement to completion. In practice, simpler cases with no disputed claims and clear assets can be completed in 6–9 months. Complex cases with multiple creditors, disputed claims, or extensive assets may take longer. Our advisory support helps keep the process on track.
Yes, provided the company is solvent (able to pay all its debts). When creditors exist, the process requires a concurrent creditor meeting where creditors representing at least two-thirds of the value of debt must approve the resolution to liquidate. The Liquidator then manages claims, settles them in order of priority, and distributes any surplus to shareholders.
Employee claims (including unpaid wages, provident fund, gratuity, and other dues) are treated as workmen dues under the IBC priority waterfall — they rank above unsecured financial creditors. The Liquidator is required to verify and settle all employee claims as part of the distribution process before distributing residual assets to shareholders.
JurisTatva provides comprehensive advisory and facilitation services — from initial eligibility assessment and pre-liquidation planning, to documentation preparation, coordination with appointed Insolvency Professionals, statutory filing support, creditor communication, and post-dissolution compliance. We are your strategic guide throughout the entire process.
What We Offer

Our Advisory Services

Comprehensive voluntary liquidation advisory — from first consultation through final dissolution.

Deep Expertise

Our Areas of Expertise

Pre-Liquidation Advisory

Before initiating the process, we help you assess eligibility, understand consequences, and plan the optimal path to closure.

✓
Solvency assessment and financial health review prior to declaration
✓
Eligibility verification under Section 59 of IBC, 2016
✓
Comparative analysis: voluntary liquidation vs. strike-off vs. compulsory winding up
✓
Director liability and personal risk assessment
✓
Identification and coordination with appropriate IBBI-registered Insolvency Professionals
✓
Timeline planning and cost estimation for the complete liquidation process
Eligibility Check
Solvency verified before commencement
Financial Review
Complete audit coordination
Risk Assessment
Director protection analysis
Strategic Planning
Roadmap before Day 1

Documentation & Statutory Filings

Every document, resolution, and filing prepared accurately — in full compliance with MCA, IBBI, and NCLT requirements.

✓
Preparation of Declaration of Solvency and supporting financial statements
✓
Drafting of special resolutions, notices, and meeting minutes
✓
IBBI public announcement preparation and placement
✓
MCA and ROC filing coordination throughout the process
✓
Preliminary and final liquidation report assistance
✓
NCLT dissolution application support and coordination
Resolutions
Board & shareholder
Announcements
IBBI public notices
NCLT Filings
Dissolution application
Final Reports
Comprehensive closure docs

Creditor & Stakeholder Management

Managing stakeholder relationships transparently — protecting the company's reputation while ensuring all parties are treated equitably.

✓
Creditor identification, mapping, and notification coordination
✓
Claims submission guidance and documentation support for creditors
✓
Creditor meeting organisation, notice preparation, and minutes
✓
Dispute facilitation and resolution coordination
✓
Employee dues identification and claims advisory
✓
Ongoing stakeholder communication and progress updates
Creditor Mapping
Complete identification
Communications
Timely & transparent
Dispute Advisory
Resolution facilitation
Employee Claims
Full dues advisory

Asset Realisation Advisory

Guidance on asset identification, valuation, and realisation — maximising value within the IBC distribution framework.

✓
Comprehensive asset identification and inventory preparation
✓
Coordination with IBBI-registered Valuers for professional asset valuation
✓
Advisory on optimal realisation strategies for different asset classes
✓
Distribution waterfall planning under Section 53 of IBC
✓
IP and IP Bank account coordination for distribution
✓
Residual surplus distribution advisory to shareholders
Asset Inventory
Complete mapping
Valuation
Registered valuers
Value Maximisation
Optimal realisation
Sec. 53 Priority
Waterfall planning

Post-Dissolution Compliance

Ensuring complete regulatory closure after the NCLT dissolution order — no loose ends, no residual compliance risk.

✓
ROC strike-off confirmation and record update coordination
✓
GSTIN, PAN, and other registration cancellation advisory
✓
Final income tax return filing guidance and coordination
✓
Director document preservation and record-keeping advisory
✓
Confirmation of complete statutory compliance post-dissolution
✓
Guidance on director's ongoing obligations (if any) post-dissolution
ROC Strike-Off
Confirmed closure
Registration Cancel
GST, PAN etc.
Record Keeping
Post-dissolution docs
Zero Residual Risk
Complete compliance
OUR CORE COMPETENCIES

Excellence in Practice

Precision-driven solutions designed to navigate the complexities of corporate governance and regulatory compliance with absolute technical integrity.

Strategic Governance
Steering board effectiveness through meticulous management of statutory mandates, governance frameworks, and executive advisory for high-level compliance.
Capital Structuring
Expert handling of equity infusion, convertible instruments, and complex capital reorganization tailored for Private Equity and institutional stakeholders.
Regulatory Navigation
Decoding and implementing multi-layered frameworks including SEBI regulations, FEMA guidelines, and RBI compliance for seamless operations.
Corporate Lifecycle
End-to-end management of the corporate entity—from strategic incorporation and operational growth to the technical nuances of voluntary liquidation.
Statutory Vigilance
Proactive monitoring of secretarial audits and ongoing statutory filings to ensure the entity remains compliant in an evolving legal landscape.
Institutional Advisory
Bespoke support for large-scale enterprises and financial intermediaries requiring dedicated regulatory oversight and advisory.
Who We Are

About JurisTatva

An advisory firm dedicated to helping businesses close with clarity, compliance, and confidence.

Our Story

Built on Expertise
Driven by Purpose

JurisTatva was founded with a singular purpose: to demystify the voluntary liquidation process for Indian businesses and provide them with structured, transparent advisory support that was previously inaccessible to many.

With over two decades of combined professional experience, our team brings deep knowledge of India's insolvency and corporate compliance landscape — allowing us to guide companies of all sizes through one of the most consequential legal processes they will undertake.

We operate as advisors and facilitators — never as liquidators. Our role is to ensure that every decision is well-informed, every document is correct, and every stakeholder is treated with transparency and respect.

22+
Years of combined professional experience in corporate law, insolvency, and compliance advisory
Expert-Led
Direct oversight by senior professionals on every mandate to ensure technical accuracy and legal integrity
Advisory
Only
We do not act as Insolvency Professionals or Liquidators — our focus is pure advisory and facilitation
Our Principles

Values That Drive Us

Integrity
Honest, transparent advice at all times — even when the answer isn't what clients want to hear. No conflicts, no shortcuts.
Precision
Every document, filing, and communication is prepared with meticulous attention — because errors in legal processes carry real consequences.
Partnership
We work alongside clients, not just for them. Proactive communication, shared understanding, and genuine support throughout.
Compliance
Regulatory compliance is not negotiable. Every action we advise is grounded in the letter and spirit of IBC, 2016 and associated regulations.
ℹ️
Important Advisory Disclaimer
JurisTatva is a voluntary liquidation advisory and facilitation company. We do not act as Insolvency Professionals (IPs) or Liquidators under the Insolvency and Bankruptcy Code, 2016. The appointment of a Liquidator is a statutory requirement that must be fulfilled by an IBBI-registered Insolvency Professional appointed by the company's members. Our role is limited to advisory, documentation, facilitation, and coordination services. Nothing on this website should be construed as legal advice or as a representation that JurisTatva will act as a Liquidator in any voluntary liquidation proceeding.
Regulatory Backbone

Legal Framework

The statutes, regulations, and bodies governing voluntary liquidation in India.

Key Legislation

Laws That Govern the Process

Voluntary liquidation in India is governed by a comprehensive legal framework — JurisTatva helps you navigate every layer of it.

Primary Statute
Insolvency & Bankruptcy Code, 2016 — Section 59
The foundational law for voluntary liquidation of corporate persons in India. Chapter V (Sections 59) specifically governs the eligibility, process, and dissolution of solvent companies choosing to wind up.
Eligibility: No debts, or full payment capability within 12 months
Section 53 prescribes the priority waterfall for distribution
Applies to companies, LLPs, and other corporate persons
Liquidator must be an IBBI-registered Insolvency Professional
IBBI Regulations
IBBI (Voluntary Liquidation Process) Regulations, 2017
Detailed procedural rules governing how voluntary liquidation is conducted — timelines, reporting obligations, announcement requirements, claims management, and the IP's duties throughout the process.
Prescribes 12-month timeline from commencement to completion
Mandates public announcement within 5 days of commencement
Defines claims submission window and verification procedures
Sets out Liquidator's reporting obligations to IBBI
Corporate Law
Companies Act, 2013
Governs the corporate resolutions, board and shareholder meeting requirements, MCA/ROC filings, and the final strike-off from the Register of Companies after dissolution.
Special resolution requirements for shareholder approval
Board resolution and director declaration requirements
ROC filing obligations throughout the process
Final strike-off from the Register of Companies
Adjudicating Authority
National Company Law Tribunal (NCLT)
The statutory adjudicating authority for corporate insolvency matters under IBC. NCLT issues the final dissolution order, adjudicates disputed claims, and oversees the Liquidator where required.
Issues final dissolution order on Liquidator's application
Adjudicates contested claims between Liquidator and creditors
Can extend the 12-month timeline where justified
Jurisdiction to direct investigation if required
Key Timelines

Statutory Deadlines

Day 0
Commencement
Declaration of Solvency + Special Resolution
Board declaration of solvency passed; special resolution by shareholders passed within 4 weeks
+5 Days
Announcement
Public Announcement by Liquidator
IBBI public announcement inviting claims; published in newspapers and IBBI website
+30 Days
Claims
Claims Submission Deadline
All creditors, employees, and stakeholders must submit claims within 30 days of public announcement
12 Months
Completion
Final Report & NCLT Dissolution Application
Liquidator submits final report to IBBI and NCLT; NCLT issues dissolution order; ROC strike-off effected
Advisory Services Disclaimer
The information on this page is provided for general informational purposes only and does not constitute legal advice. JurisTatva provides advisory and facilitation services only — we do not act as Insolvency Professionals, Liquidators, or legal counsel. All statutory actions in a voluntary liquidation process must be undertaken by qualified professionals as required under IBC, 2016 and associated regulations. Clients should consult qualified legal counsel for advice specific to their situation. Laws and regulations may be amended — please verify current provisions with the appropriate authorities.
Reach Out

Let's Start a Conversation

Our advisory team is ready to discuss your voluntary liquidation requirements — in complete confidence.

Send Us an Enquiry
ℹ️ JurisTatva provides advisory and facilitation services only. We do not act as Insolvency Professionals or Liquidators. All information shared is treated in strict confidence.
Contact Details
+91 99102 19977
Mon–Sat, 9:30am–6:30pm IST
Connect@JurisTatva.com
Response within 1 business day
424, 4th Floor, Tower 3, RPS Infinia
12/6 Milestone, Main Mathura Road
Sector 27C, Faridabad, Haryana – 121003
Book an Appointment

Prefer to schedule a formal consultation? Use our online booking link to pick a time that works for you.

Book via Calendly →
What Happens Next
1
We review your enquiry and respond within 1 business day
2
Initial consultation call to understand your situation in detail
3
We prepare a tailored advisory plan and scope of engagement
4
Engagement commences — with full transparency at every step
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Legal

Privacy Policy

How JurisTatva Advisors Private Limited collects, uses, and protects your information when you visit our website.

JurisTatva Advisors Private Limited
Faridabad, Haryana
01

Introduction

This Privacy Policy explains how JurisTatva Advisors Private Limited collects, uses, and protects information when you visit our website. Our website is a static informational platform — we do not process payments, create user accounts, or store sensitive personal data online.

This Privacy Policy governs the collection, use, disclosure, transfer, retention, or otherwise processing of personal data or sensitive personal data (collectively referred to as "Information") by JurisTatva Advisors Private Limited ("Us", "We", or "Our"). This Privacy Policy shall be applicable to any person or entity ("You" or "Your") that accesses our website or has shared any information with us.

We value Your privacy, and our organisation is committed to safeguarding Your Information and ensuring its security. Rest assured that we will handle your Information with utmost care and respect.

We understand that all personal information provided by You to Us is voluntary. By using or accessing the website, you are providing Us with Your consent to Our use, collection, retention, transfer, and disclosure of the Personal Information in accordance with the terms of this Privacy Policy.

This policy is published in compliance with the Information Technology Act, 2000 and its applicable rules.

02

Information We Collect

We may collect the following when you contact us through our website:

  • Name, email address, phone number, and company name
  • Nature of your inquiry or query
  • Basic technical data such as IP address and browser type, collected automatically via server logs

We do not collect financial data, government ID numbers, biometric data, or any sensitive personal data through this website.

03

How We Use Your Information

Information collected through our website is used solely for the following purposes:

  • To respond to your inquiries and provide information about our services
  • To improve our website experience
  • To comply with applicable legal obligations

We do not use your information for unsolicited marketing without your prior consent.

04

Disclosure of Information

We do not sell, rent, or share your personal information with third parties, except:

  • Where required by law, court order, or regulatory authority
  • To authorised professionals assisting in service delivery, under strict confidentiality obligations
05

Data Retention

Information shared through contact inquiries is retained for a reasonable period necessary to respond to your query or as required by law, after which it is securely deleted or anonymised.

06

Security

We maintain reasonable technical and organisational safeguards to protect your information from unauthorised access, disclosure, or misuse. However, no online system is completely secure and we cannot guarantee absolute security.

07

Your Rights

You may request access to, correction of, or deletion of your personal information by writing to our Grievance Officer. We will respond within 30 days.

To exercise your rights, please contact us at: Connect@JurisTatva.com

08

Third-Party Links

Our website may contain links to external websites. We are not responsible for their content or privacy practices. Please review their policies before sharing any information with those platforms.

09

Changes to This Policy

We may update this Privacy Policy from time to time. The revised version will be published on our website with an updated effective date. Continued use of the website constitutes acceptance of the changes.

Have questions about our Privacy Policy?

Contents
1. Introduction 2. Information We Collect 3. How We Use Information 4. Disclosure 5. Data Retention 6. Security 7. Your Rights 8. Third-Party Links 9. Changes to Policy
Legal

Terms & Conditions

Terms governing your use of the JurisTatva website and general service engagements. Please read carefully before using our services.

JurisTatva Advisors Private Limited
Faridabad, Haryana
01

Acceptance of Terms

Welcome to JurisTatva.com. This website is owned and operated by JurisTatva Advisors Private Limited, having its registered office situated at 424, 4th Floor, Tower-3, RPS Infinia, 12/6 Milestone, Main Mathura Road, Sector 27C, Faridabad, Haryana – 121003, India.

By accessing the website of JurisTatva Advisors Private Limited ("the Company"), you agree to be bound by these Terms and Conditions. If you do not agree, please discontinue use of the website immediately.

Our website is a static informational platform only. These Terms govern website use and general service engagement. Specific service terms will be outlined in a separate engagement letter.

02

Nature of the Website

  • The website provides general information about the Company and its advisory and legal compliance services
  • Nothing on the website constitutes legal advice or forms a professional engagement unless a formal agreement is executed
  • Information on the website may change without notice and may not reflect the latest legal developments
03

User Conduct

By accessing and using this website, you agree not to:

  • Use the website for any unlawful, harmful, or fraudulent purpose
  • Attempt to disrupt, hack, or gain unauthorised access to the website or its systems
  • Copy, reproduce, or distribute any content from the website without written permission
  • Submit false or misleading information through contact forms
04

Intellectual Property

All content on this website — including text, design, logos, and graphics — is the property of JurisTatva Advisors Private Limited and is protected under applicable copyright and intellectual property laws. Unauthorised use is strictly prohibited.

05

Professional Services — Key Terms

  • All professional fees are exclusive of applicable GST and statutory levies unless stated otherwise
  • Government fees, stamp duty, filing charges, and out-of-pocket costs are payable by the client in addition to professional fees
  • The client is responsible for providing accurate and complete information; the Company shall not be liable for errors arising from incorrect information furnished
  • All advice is rendered on the basis of information provided by the client and the law as applicable at the time
  • The Company maintains strict confidentiality of all client data and documents in accordance with applicable professional standards
06

Limitation of Liability

The Company's liability for any claim is limited to the professional fees paid for that specific engagement. The Company is not liable for:

  • Indirect, consequential, or special losses
  • Outcomes dependent on government authorities, courts, or third parties
  • Delays caused by government portals, regulatory backlog, or force majeure events
07

Third-Party Links

Links to external websites are for reference only. The Company is not responsible for the content or practices of third-party websites.

08

Amendments

We reserve the right to update these Terms at any time. Revised Terms will be published on the website. Continued use of the website constitutes your acceptance of the updated Terms.

09

Governing Law & Jurisdiction

These Terms are governed by the laws of India. All disputes are subject to the exclusive jurisdiction of competent courts in the State of Haryana, India.

Have questions about our Terms & Conditions?

Contents
1. Acceptance of Terms 2. Nature of the Website 3. User Conduct 4. Intellectual Property 5. Professional Services 6. Limitation of Liability 7. Third-Party Links 8. Amendments 9. Governing Law
Compliance Partner
Collaborative Service Model
JurisTatva works through a collaborative model with professionals. Where secretarial or statutory execution is required, services are delivered by professional firms — including our compliance partner S & S Associates , Company Secretaries.
Compliance Partner S & S Associates, CS