Intelligence note
Admitted to insolvency on 09 Feb 2024 by the Mumbai bench, on a petition by Piramal Capital and Housing Finance Limited (a financial creditor). Liquidation was ordered on 31 Aug 2026, 934 days after admission (median for concluded cases: 485 days).
Case details
CIN
U70102MH2015PTC265414
Incorporated
2015
Registered State
Maharashtra
NCLT Bench
Mumbai
Petition
C.P. (IB) No. 1042-MB-2023
Initiated by
FC — Piramal Capital and Housing Finance Limited
Commencement
09 Feb 2024
Liquidation Order
31 Aug 2026
NCLT Mumbai: median 553 days admission → verdict · 34% of concluded matters ended in plan approval (n=1,245, full record) · all benches →
Recent movement
24 Jan 2026
Expressions of interest invited
RP: Mr. Vithal M. Dahake
09 Feb 2026
EoI window closed
EoI window closed | 2 rounds held
09 Feb 2026
Expressions of interest invited
RP: Mr. Vithal M. Dahake
31 Aug 2026
Liquidation order passed
No resolution plan approved — assets liquidated
EoI / Form-G detail
Plan submission by
24 Feb 2026
IBBI remark: It is hereby clarified that this revised Form G and the Expression of Interest invited pursuant hereto do not include the IRLA Slum Rehabilitation project situated at Village Vile Parle, Taluka Andheri, Mumbai.
Case timeline
09 Feb 2024
CIRP commenced
Insolvency proceedings began · NCLT Mumbai
24 Jan 2026
Expressions of interest invited
RP: Mr. Vithal M. Dahake
09 Feb 2026
EoI window closed
EoI window closed | 2 rounds held
09 Feb 2026
Expressions of interest invited
RP: Mr. Vithal M. Dahake
31 Aug 2026
Liquidation order passed
No resolution plan approved — assets liquidated
Company
Legal name
EARLEEN REAL ESTATE DEVELOPERS PRIVATE LIMITED
Type
Private · Company limited by shares
Listing
Unlisted
Incorporated
10 Jun 2015
Authorised capital
Rs 1.00 L
Paid-up capital
Rs 1.00 L
Industry (MCA)
Real Estate and Renting
ROC
ROC Mumbai
Company status
Under CIRP
Registered address
Shop No. 80, HDIL Harmony Mall, Goregaon Link Road, Goregaon (West),,Mumbai,Mumbai City,Maharashtra,400104-India
Claims filing history
Operational creditors ↓
2 ↓
3 ↓
4 ↓
Other stakeholders ↓
Secured FC — class of creditors ↓
Secured financial creditors ↓
FC — class of creditors (homebuyer-type) ↓
Unsecured financial creditors ↓
v3 · latest
as on 16 Mar 2026 · filed by Mr. Vithal M. Dahake
v2
as on 17 Jan 2025 · filed by Mr. Vithal M. Dahake
v1
as on 09 Feb 2024 · filed by Mr. Jayesh Natvarlal Sanghrajka
Sources, basis and disclaimers → ·
report an error
This case vs Real Estate & Housing
Time to liquidation order934 days
typical for this sector 408 days · median of 83
Key parties
IRP at commencement · replaced
Jayesh Natvarlal Sanghrajka → · Feb 2024
◆ RP changed during CIRP — IRP was replaced
CIRP initiated by
Piramal Capital and Housing Finance Limited FC
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