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Home/ Cases/ Chemicals & Plastics/ Assam Petroleum Limited
● Under CIRP

Assam Petroleum Limited

Corporate insolvency resolution — proceedings ongoing · source: IBBI list of newly admitted cases

Sector Chemicals & Plastics Bench NCLT Guwahati Last process activity 2 months ago · public announcement · tribunal order · active

Owed money by this company? The date in the public announcement has passed, but regulation 12 still allows a claim for 23 more days, or longer if the request for resolution plans has not yet gone out. How to file your claim →

Case record

at a glance

Admitted by the Guwahati bench on a petition by a financial creditor. Current status: Under CIRP.

In the insolvency process for
2 mo
This case
NCLT Guwahati median · 11 mo
All India median · 1 yr 3 mo
Medians: time from admission to a plan or a liquidation order, over closed cases (n = 37 / 4,609). Pre-packs left out.
The company
Public limited company in Chemicals & Plastics, registered in Assam
Where the process stands
Admitted→Public announcement→Resolution plan or liquidation
How cases like this ended
Chemicals & Plastics · 121 closed
Resolved 56% · Liquidation 37% · Withdrawn or closed 7%
NCLT Guwahati · 50 closed
Resolved 32% · Liquidation 42% · Withdrawn or closed 26%
Resolved cases in this sector: creditors' typical haircut 77.7% n=64
Liquidations in this sector: typical recovery 7.8% of claims n=32
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Company & MCA recordTimeline & key dates · 1 tribunal orderProfessionalsIntelligence note
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