Autopal Industries Limited

Corporate insolvency resolution — resolution plan approved · source: NCLT order, 23 Sep 2024

Sector Electronics & Electricals Bench NCLT Jaipur

Acquired by

Mr. Vivek Kumar Ratakonda Jointly with Mr. Raja Srinivas Nandigam

Named in the NCLT plan-approval order.

Case record

at a glance

Admitted by the Jaipur bench on a petition by an operational creditor. Current status: Resolved.

Admission to plan approval

2 yr 1 mo

This case

All India median · 1 yr 8 mo

Medians: time from admission to plan approval, over closed cases (n = 1,536). Pre-packs left out.

The company

Listed public limited company in Electronics & Electricals, registered in Rajasthan

Admitted claims

Under ₹10 Cr

Where the process stands

Admitted→Expression of Interest invited→Resolution plan approved

How cases like this ended

Electronics & Electricals · 84 closed

Resolved 50% · Liquidation 48% · Withdrawn or closed 2%

NCLT Jaipur · 131 closed

Resolved 21% · Liquidation 37% · Withdrawn or closed 42%

Resolved cases in this sector: creditors' typical haircut 83.5% n=40

Liquidations in this sector: typical recovery 2.3% of claims n=32

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Admitted claims & creditor classesRecovery, haircut & plan valueCommittee of creditorsFinancialsCompany & MCA recordTimeline & key dates · 5 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note

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