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Home/ Cases/ Other Manufacturing/ Balaji Fiber Reinforce Pvt. Ltd.
Liquidation — order passed IN PROCESS

Balaji Fiber Reinforce Pvt. Ltd.

Corporate insolvency — liquidation in process · source: NCLT order, 16 Feb 2024

Sector Other Manufacturing Bench NCLT Ahmedabad Last process activity 15 months ago · auction notice

Case record

at a glance

Admitted by the Ahmedabad bench on a petition by an operational creditor. Current status: Liquidation.

Admission to liquidation order
1 yr 9 mo
This case
NCLT Ahmedabad median · 1 yr 1 mo
All India median · 1 yr 1 mo
Medians: time from admission to a liquidation order, over closed cases (n = 307 / 3,069). Pre-packs left out.
The company
Private limited company in Other Manufacturing, registered in Gujarat
Admitted claims
₹10–100 Cr
Where the process stands
Admitted→Liquidation ordered
How cases like this ended
Other Manufacturing · 876 closed
Resolved 12% · Liquidation 49% · Withdrawn or closed 39%
NCLT Ahmedabad · 610 closed
Resolved 23% · Liquidation 51% · Withdrawn or closed 26%
Resolved cases in this sector: creditors' typical haircut 79.3% n=93
Liquidations in this sector: typical recovery 4.4% of claims n=58
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Admitted claims & creditor classesRecovery & distributionCommittee of creditorsCompany & MCA recordTimeline & key dates · 6 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note
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