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Home/ Cases/ Construction & Infrastructure/ Darshan Developers Private Limited
✓ Resolved — plan approved

Darshan Developers Private Limited

Corporate insolvency resolution — resolution plan approved · source: NCLT order, 27 Jun 2025

Sector Construction & Infrastructure Bench NCLT Mumbai
Acquired by
Shiv Infra Vision Properties Private Limited
Named in the NCLT plan-approval order.
One consolidated plan for 11 companies
The NCLT approved one resolution plan on 27 Jun 2025 for 11 companies whose insolvency processes were consolidated. The figures on this page are for the whole group; the order does not split them by company.
Also in this plan: Azinova Constructions Private Limited, Fulgent Real Estate Private Limited, Ghardwar Real Estate Private Limited, Immediate Real Estate Private Limited, Manpreet Developers Private Limited, Prithvi Residency Private Limited, Suvarat Real Estate Developers Private Limited, Tenacity Real Estate Private Limited, Vyomakara Real Estate Private Limited, Wamika Real Estate Private Limited.

Case record

at a glance

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

Admission to plan approval
3 yr 11 mo
This case
NCLT Mumbai median · 1 yr 10 mo
All India median · 1 yr 8 mo
Medians: time from admission to plan approval, over closed cases (n = 432 / 1,536). Pre-packs left out.
The company
Private limited company in Construction & Infrastructure, registered in Maharashtra
Admitted claims
Over ₹2,000 Cr
Where the process stands
Admitted→Expression of Interest invited→Resolution plan approved
How cases like this ended
Construction & Infrastructure · 779 closed
Resolved 25% · Liquidation 34% · Withdrawn or closed 41%
NCLT Mumbai · 1,753 closed
Resolved 25% · Liquidation 48% · Withdrawn or closed 27%
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, haircut & plan valueCommittee of creditorsFinancialsCompany & MCA recordTimeline & key dates · 4 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note
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