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Home/ Cases/ Trading & Distribution/ BKR Hotels & Resorts Private Limited
● Under CIRP

BKR Hotels & Resorts Private Limited

Corporate insolvency resolution — proceedings ongoing · source: IBBI register

Sector Trading & Distribution Bench NCLT Chennai

Claims — past the ninety-day period. The ninety days from admission that regulation 12 allows ended 2.5 years ago. A claim filed now must state its reasons for the delay, and it is for the resolution professional to accept or reject it. How claims are filed →

Case record

at a glance

Admitted by the Chennai bench. Current status: Under CIRP.

In the insolvency process for
2 yr 9 mo
This case
NCLT Chennai median · 1 yr 1 mo
All India median · 1 yr 3 mo
Medians: time from admission to a plan or a liquidation order, over closed cases (n = 496 / 4,605). Pre-packs left out.
The company
Private limited company in Trading & Distribution, registered in Tamil Nadu
Where the process stands
Admitted→Expression of Interest invited→Resolution plan or liquidation
How cases like this ended
Trading & Distribution · 768 closed
Resolved 15% · Liquidation 61% · Withdrawn or closed 23%
NCLT Chennai · 651 closed
Resolved 15% · Liquidation 63% · Withdrawn or closed 21%
Resolved cases in this sector: creditors' typical haircut 77.9% n=105
Liquidations in this sector: typical recovery 0.0% of claims n=113
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Company & MCA recordTimeline & key dates · 11 tribunal ordersProfessionalsIntelligence note
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