IBCArticle·14 August 2026

Voluntary Liquidation approved by NCLT

By J the App

Executive Summary

The NCLT, New Delhi, by its order dated 3 July 2026, ordered the dissolution of Paysend India Private Limited under Section 59 of the Insolvency and Bankruptcy Code after finding that the company's affairs had been completely wound up, all creditors had been satisfied and every statutory requirement governing voluntary liquidation had been fulfilled.

Background

Paysend India Private Limited, engaged in payment and remittance services, resolved to voluntarily liquidate...

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