Bio Green Papers Limited

Corporate insolvency resolution — resolution plan approved · source: NCLT order, 28 May 2024

Sector Other Manufacturing Bench NCLT Hyderabad Last process activity 23 months ago · tribunal order

Acquired by

Mr. Krishna Mohan Meenavalli

Named in the NCLT plan-approval order.

Case record

at a glance

Admitted by the Hyderabad bench on a petition by a financial creditor. Current status: Resolved.

Admission to plan approval

11 mo

This case

NCLT Hyderabad median · 1 yr 4 mo

All India median · 1 yr 8 mo

Medians: time from admission to plan approval, over closed cases (n = 125 / 1,536). Pre-packs left out.

The company

Listed public limited company in Other Manufacturing, registered in Telangana

Admitted claims

₹10–100 Cr

Where the process stands

Admitted→Expression of Interest invited→Resolution plan approved

How cases like this ended

Other Manufacturing · 923 closed

Resolved 11% · Liquidation 47% · Withdrawn or closed 42%

NCLT Hyderabad · 483 closed

Resolved 26% · Liquidation 45% · Withdrawn or closed 29%

Resolved cases in this sector: creditors' typical haircut 80.5% n=98

Liquidations in this sector: typical recovery 4.4% of claims n=58

Subscriber access

Full case intelligence is gated

This page's financial detail is available to stressed.in subscribers — for ARCs, PE funds and resolution professionals.

9 sections of this case are locked.

Admitted claims & creditor classesRecovery, haircut & plan valueCommittee of creditorsFinancialsCompany & MCA recordTimeline & key dates · 3 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note

See plans →

Sources, basis and disclaimers → ·

report an error