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

Indore · page 2

Indore has heard 114 insolvency cases on record since 2017. Of the concluded cases, 17 ended in an approved resolution plan and 18 in liquidation — a liquidation rate of 51.4%. 59 remain under CIRP today. Cases here take a median 461 days from admission to a plan or liquidation order (n=35), against a national median of 480 days (n=4,663).

Total114on record
Resolved17plan approved
Liquidated18order passed
Under CIRP59running now

Median haircut not shown — only 14 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
Oxygen Lifeline Retail Private Limited Liquidation Order Trading & Distribution Indore Navin Khandelwal 07 Oct 2021 22 Sep 2022
Taneja Iron & Steel Co. Limited Withdrawn u/s 12A Other Manufacturing Indore Ketan S.Dand 07 Jul 2022 22 Sep 2022
Girdharilal Sugar & Allied Industries Limited Liquidation Order Food & Agro Indore Amresh Shukla 17 Aug 2021 05 Aug 2022
Divya Jyoti Industries Limited Resolution Plan Approved Food & Agro Indore Sajjan Kumar Dokania 04 Dec 2020 08 Jul 2022
Powerage Towers Limited Withdrawn u/s 12A Machinery & Equipment Indore Dhiren Shantilal Shah 05 May 2022 10 Jun 2022
Shri Govind Realty Private Limited Withdrawn u/s 12A Construction & Infrastructure Indore Teena Saraswat Pandey 16 Dec 2021 25 Feb 2022
Sai Magic Foods Products Private Limited Withdrawn u/s 12A Food & Agro Indore Ashutosh Gokhale 29 Jan 2021 18 Nov 2021
RJVJ Traders Private Limited Liquidation Order Other Services Indore Neha Firoda 22 Apr 2021 01 Oct 2021
Raj Rajeshwari Sugar Private Limited Withdrawn u/s 12A Food & Agro Indore Amresh Shukla 08 Jan 2021 01 Jul 2021
Jainam Alternate Energy Pvt Ltd Withdrawn u/s 12A Other Manufacturing Indore Vijay Prakash Usharia 26 Mar 2021 09 Apr 2021
Vindhya Cereals Private Limited Liquidation Order Food & Agro Indore Sajjan Kumar Dokania 13 Mar 2020 18 Mar 2021
Swastik Coal Corporation Private Limited Withdrawn u/s 12A Other Services Indore Umang Subhashchandra Khandelwal 15 Dec 2020 05 Feb 2021
Soubhagyalaxmi Foods Pvt. Ltd. Withdrawn u/s 12A Trading & Distribution Indore Mangesh Vitthal Kekre 04 Dec 2020 04 Feb 2021
PR3 Ritu Lifespaces LLP Withdrawn u/s 12A Real Estate & Housing Indore Rajesh Lohia 07 Jan 2021 22 Jan 2021
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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.