Intelligence note
IBBI Vol 11 T7 Part B: RP 2019-06-03; FC claims 8180.65cr, realisable 4.37% of claims / 67.39% of LV. Large account (>1000cr).
◆ Flagged as the dominant case of the quarter — 26.00% of resolved claims.
Claims at a glance
FC 98%
OC 2%
Total admitted ₹8,349.05 Cr
Case details
CIN
L22122TG2002PLC040110
Incorporated
2002
Registered State
Telangana
NCLT Bench
Hyderabad
Initiated by
FC — Canara Bank
Defunct / BIFR
0
Commencement
05 Jul 2017
Outcome Date
03 Jun 2019
Admitted Claims
₹8,180.65 Cr
Liquidation Value
₹530.49 Cr
Realisable Amount
₹357.50 Cr
Recovery vs Claims
4.37%
Recovery vs LV
67.39%
NCLT Hyderabad: median 485 days admission → verdict · 52% of concluded matters ended in plan approval (n=218, full record) · all benches →
Recent movement
Case timeline
05 Jul 2017
CIRP commenced
Insolvency proceedings began · NCLT Hyderabad
1 year 10 months elapsed · admission → resolution
03 Jun 2019
Resolution plan approved
Haircut 95.63%
Company
Legal name
DECCAN CHRONICLE HOLDINGS LIMITED
Type
Public · Company limited by shares
Listing
Listed
Incorporated
16 Dec 2002
Authorised capital
₹70 Cr
Paid-up capital
₹55 Cr
Industry (MCA)
Manufacturing (Paper and Paper products, Publishing, printingand reproduction of recorded media)
ROC
ROC Hyderabad
Company status
Active — company survived resolution
Registered address
No.36 Sarojini Devi Road,Secunderabad,Telangana,500003-India
Source: MCA Company / LLP Master Data — registry snapshot; figures are as on the stated date, not live.
Claims profile
Admitted claims by creditor class
FC 98%
OC 2%
CLASS
ADMITTED
Financial creditors
₹8,180.65 Cr
Operational creditors
₹168.40 Cr
Total
₹8,349.05 Cr
admitted total/FC/OC from IBBI outcome file (crores); claimed & 9-category pending /claims scrape
Source: IBBI outcome data / Reg 31(5)(d) claims list · crores as filed · admitted "pending" = under collation or verification, not zero.
Committee of creditors
CoC composition not yet recorded for this case. Sourced from NCLT filings — added over time.
About this data: Case data is assembled from NCLT/NCLAT orders, IBBI public announcements, quarterly outcome records and the MCA registry. See how every number is sourced, checked and corrected →.
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This case vs Other Manufacturing
Haircut — 95.6%23.1 pts worse
sector avg 72.5% · 90 resolutions
Rec vs LV — 67.4%-83.1 pts
sector avg 150.5%
Duration — 698d15d slower
sector avg 683d
Size rank in sector#2 of 90
Computed live across stressed.in's IBBI universe — every recorded Other Manufacturing outcome of this type.
Key parties
Resolution Professional
4 IBBI mandates · 71.7% of liquidation value realised across concluded work
IRP at commencement
Karuchola Koteswara Rao → · Jul 2017
CIRP initiated by
Canara Bank FC
Resolution applicant
Not yet recorded — from NCLT resolution-plan order.
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