Concept Eduventures Private Limited

Corporate insolvency resolution — resolution plan approved · source: order listed by IBBI, 24 Mar 2022

Sector Other Services Bench NCLT Guwahati Last process activity 2.9 years ago · tribunal order

Acquired by

V C Education

Named in the NCLT plan-approval order.

Case record

at a glance

Admitted by the Guwahati bench on a petition by an operational creditor. Current status: Resolved.

Admission to plan approval

2 yr

This case

All India median · 1 yr 8 mo

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

The company

Private limited company in Other Services, registered in Assam

Admitted claims

Under ₹10 Cr

Where the process stands

Admitted→Expression of Interest invited→Resolution plan approved

How cases like this ended

Other Services · 1,227 closed

Resolved 14% · Liquidation 48% · Withdrawn or closed 38%

NCLT Guwahati · 50 closed

Resolved 32% · Liquidation 42% · Withdrawn or closed 26%

Resolved cases in this sector: creditors' typical haircut 78.7% n=163

Liquidations in this sector: typical recovery 0.7% of claims n=127

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Admitted claims & creditor classesRecovery, haircut & plan valueCommittee of creditorsFinancialsCompany & MCA recordTimeline & key dates · 6 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note

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