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RESEARCH From the Research Desk — The sub-Rs 100 crore acquisition market, sized. Read it →
NCLT bench

Cuttack · page 2

Cuttack has heard 104 insolvency cases on record since 2017. Of the concluded cases, 17 ended in an approved resolution plan and 32 in liquidation — a liquidation rate of 65.3%. 34 remain under CIRP today. Cases here take a median 537 days from admission to a plan or liquidation order (n=49), against a national median of 480 days (n=4,663).

Total104on record
Resolved17plan approved
Liquidated32order passed
Under CIRP34running now

Median haircut not shown — only 18 approved plans here carry a figure, below the 30-case base we require before publishing a benchmark.

Figures, haircuts and benchmarks sit on each case page, for members. This index is the public record; the interpretation is the product.

CompanyStatusSectorNCLT bench Resolution professionalAdmittedOutcome
BIW Fabricators Private Limited Liquidation Order Steel & Metals Cuttack Bankim Shukla 14 Jan 2019 22 Nov 2019
Shree Shankar Infratech Private Limited Withdrawn u/s 12A Construction & Infrastructure Cuttack Sunil Kumar Keswani 27 Sep 2019 14 Nov 2019
Utkal Builders Industries Limited Withdrawn u/s 12A Construction & Infrastructure Cuttack Suresh Chandra Pattanayak 27 Sep 2019 04 Oct 2019
Vasava Engineering Private Limited Withdrawn u/s 12A Machinery & Equipment Cuttack Sunil Kumar Keswani 27 Sep 2019 04 Oct 2019
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Sourced exclusively from public record — IBBI publications and announcements, NCLT and NCLAT orders. Every figure stored verbatim; a blank means not yet filed, never zero. Data as of 2026-09-25. Read the methodology · Browse A–Z · by sector · by bench · bench duration intelligence.