Claims at a glance
FC 96%
OC 4%
Total admitted ₹11,866.63 Cr
Case details
CIN
L61100MH1976PLC019092
Incorporated
1976
Registered State
Maharashtra
NCLT Bench
Mumbai
Initiated by
FC — Edelweiss Asset Reconstruction Company Limited
Commencement
12 Jun 2017
Liquidation Order
14 Jan 2019
Dissolution
13 Jan 2025
Admitted Claims
₹17,582.35 Cr
Liquidation Value
₹614.61 Cr
Amount Distributed
₹320.46 Cr
Sale Proceeds
₹484.83 Cr
Recovery vs Claims
2.76%
NCLT Mumbai: median 571 days admission → verdict · 38% of concluded matters ended in plan approval (n=967, full record) · all benches →
E-auction record
Price discovery: reserve ₹3,980 Cr at first notice (26 Oct 2021) → ₹6.6 Cr at latest (15 Dec 2023) · -100% across 4 notices
15 Dec 2023
Reserve ₹6.6 Cr · Parcel 1 - BDIL as a whole on a going concern basisParcel 9 - Assets at NN Shipbuilders and Mannu Carrier which include 2 semiconstructed barges, steel plates,… · At the premises of NN Shipbuilders (located at Ghodbunder) and Mannu … · Others
16 Feb 2023
Reserve ₹5.7 Cr · Assets located at the premises of Gultare Energy Projects Private Limited in Goa which includes two semi-completed aluminum hulls, profile cutting machine, fra… · Located at the premises of Gultare Energy Projects Private Limited in… · Others
20 May 2022
Reserve ₹316 Cr · Shipyards at various locations consisting of semiconstructed vessels, shipbuilding equipment, and machinery, including stores and materials. · Dabhol, Ratnagiri and Mangalore · Others
26 Oct 2021
Reserve ₹3,980 Cr · Shipyards at various locations consisting of semi-constructed vessels, shipbuilding equipment and machineries, including stores and materials. · Mumbai, Dabhol, Ratnagiri, Mangalore, Goa, Bhandarli and Ghodbundar · Others
IBBI liquidation e-auction notices · asset intelligence, not realisation — a reserve is an asking price, never a recovery.
Recent movement
Case timeline
12 Jun 2017
CIRP commenced
Insolvency proceedings began · NCLT Mumbai
5 years 11 months elapsed · liq. order → dissolution
14 Jan 2019
Liquidation order passed
No resolution plan approved — assets liquidated · 2.76% recovered
13 Jan 2025
Dissolution / closure
Company
Legal name
BHARATI DEFENCE AND INFRASTRUCTURE LIMITED
Type
Public · Company limited by shares
Listing
Listed
Incorporated
22 Jun 1976
Authorised capital
₹99 Cr
Paid-up capital
₹50.3 Cr
Industry (MCA)
Transport, storage and Communications
ROC
ROC Mumbai
Company status
Active
Registered address
Offi-1001 Quantum Tower, Off S.V.,Road, Ram Baug, Malad (West) Mumbai 400064,Malad West,Mumbai,Maharashtra,400064-India
Source: MCA Company / LLP Master Data — registry snapshot; figures are as on the stated date, not live.
Claims profile
Admitted claims by creditor class
FC 96%
OC 4%
CLASS
ADMITTED
Financial creditors
₹11,373.00 Cr
Operational creditors
₹493.63 Cr
Total
₹11,866.63 Cr
admitted total/FC/OC from IBBI outcome file (crores); claimed & 9-category pending /claims scrape
Source: IBBI outcome data / Reg 31(5)(d) claims list · crores as filed · admitted "pending" = under collation or verification, not zero.
Committee of creditors
CoC composition not yet recorded for this case. Sourced from NCLT filings — added over time.
About this data: Case data is assembled from NCLT/NCLAT orders, IBBI public announcements, quarterly outcome records and the MCA registry. See how every number is sourced, checked and corrected →.
Report an error →
This case vs Logistics & Transport
Rec vs claims — 2.8%-11.5 pts
sector avg 14.3% · 89 liquidations
Duration — 581d31d slower
sector avg 550d
Size rank in sector#2 of 89
Computed live across stressed.in's IBBI universe — every recorded Logistics & Transport outcome of this type.
Key parties
Liquidator
12 IBBI mandates · 275.4% of liquidation value realised across concluded work
IRP at commencement · replaced
Dhinal Shah · Jun 2017
◆ RP changed during CIRP — IRP was replaced
CIRP initiated by
Edelweiss Asset Reconstruction Company Limited FC
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