Cape Engineers Private Limited

Corporate insolvency — liquidated & dissolved · source: order listed by IBBI, 25 Apr 2022

Sector Construction & Infrastructure Bench NCLT Chennai Last process activity 2.5 years ago · tribunal order

Case record

at a glance

Admitted by the Chennai bench on its own application. Current status: Liquidation — Dissolved.

Admission to liquidation order

2 yr 7 mo

This case

NCLT Chennai median · 11 mo

All India median · 1 yr 1 mo

Medians: time from admission to a liquidation order, over closed cases (n = 394 / 3,073). Pre-packs left out.

The company

Private limited company in Construction & Infrastructure, registered in Tamil Nadu

Admitted claims

₹10–100 Cr

Where the process stands

Admitted→Liquidation ordered→Dissolved

How cases like this ended

Construction & Infrastructure · 779 closed

Resolved 25% · Liquidation 34% · Withdrawn or closed 41%

NCLT Chennai · 681 closed

Resolved 15% · Liquidation 60% · Withdrawn or closed 25%

Resolved cases in this sector: creditors' typical haircut 67.8% n=180

Liquidations in this sector: typical recovery 0.3% of claims n=43

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Admitted claims & creditor classesRecovery & distributionCommittee of creditorsCompany & MCA recordTimeline & key dates · 5 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note

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