Intelligence note
Admitted to insolvency on 25 Apr 2025 by the New Delhi bench, on a petition by FINDOC FINVEST PRIVATE LIMITED. The admission order dates the default to 01 May 2022, 3.0 years before admission. The process was withdrawn on 06 Aug 2026, 468 days after admission (median for withdrawn cases: 96 days).
Case details
CIN
L18100DL1983PLC016354
Incorporated
1983
Registered State
Delhi
NCLT Bench
New Delhi
Initiated by
FINDOC FINVEST PRIVATE LIMITED
Date of Default (per admission order)
01 May 2022
Commencement
25 Apr 2025
Outcome Date
06 Aug 2026
NCLT New Delhi: median 526 days admission → verdict · 35% of concluded matters ended in plan approval (n=777, full record) · all benches →
Recent movement
09 Jul 2025
EoI window closed
EoI window closed | 1 round held
09 Jul 2025
Expressions of interest invited
RP: Sumit Sharma
06 Aug 2026
Withdrawn
CIRP withdrawn — typically settlement with the applicant
EoI / Form-G detail
Plan submission by
24 Jul 2025
Case timeline
25 Apr 2025
CIRP commenced
Insolvency proceedings began · NCLT New Delhi
09 Jul 2025
EoI window closed
EoI window closed | 1 round held
09 Jul 2025
Expressions of interest invited
RP: Sumit Sharma
06 Aug 2026
Withdrawn
CIRP withdrawn — typically settlement with the applicant
15 months elapsed · admission → resolution
Company
Legal name
A F ENTERPRISES LIMITED
Type
Public · Company limited by shares
Listing
Listed
Incorporated
18 Aug 1983
Authorised capital
Rs 41.00 Cr
Paid-up capital
Rs 35.28 Cr
Industry (MCA)
Manufacturing (Textiles)
ROC
ROC Delhi
Company status
Under CIRP
Registered address
15/18 Basement B Portion,West Patel Nagar,New Delhi,Central Delhi,Delhi,110008-India
Claims filing history
| Creditor class | Claimed | Admitted | Admitted % |
|---|---|---|---|
| Operational creditors | Rs 3.42 Cr | Rs 5.70 L | 2% |
| Unsecured financial creditors | Rs 3.28 Cr | Rs 3.28 Cr | 100% |
| Total of listed classes | Rs 6.71 Cr | Rs 3.34 Cr | 50% |
Of Rs 6.71 Cr claimed across these classes, Rs 3.34 Cr stands admitted — 50 paise per Rs 1 claimed made it past verification.
v1 · latest
as on 21 May 2025 · filed by Sumit Sharma
Sources, basis and disclaimers → ·
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Key parties
Resolution Professional
7 IBBI mandates · 197.7% of liquidation value realised across concluded work
IRP at commencement
Sumit Sharma → · May 2025
CIRP initiated by
Findoc Finvest Private Limited
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