Case record
Admitted by the Chandigarh bench on a petition by an operational creditor. Current status: Withdrawn.
Admission to closure
23 days
Medians: time from admission to withdrawal or closure, over closed cases (n = 57 / 1,407). Pre-packs left out.
The company
Public limited company in Textiles & Apparel, registered in Chandigarh
Where the process stands
Admitted→Withdrawn
How cases like this ended
Textiles & Apparel · 423 closed
Resolved 19% · Liquidation 57% · Withdrawn or closed 24%
NCLT Chandigarh · 295 closed
Resolved 26% · Liquidation 45% · Withdrawn or closed 28%
Resolved cases in this sector: creditors' typical haircut 81.1% n=78
Liquidations in this sector: typical recovery 5.8% of claims n=84
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Company & MCA recordTimeline & key dates · 8 tribunal ordersProfessionalsIntelligence note
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