Case record
Admitted by the Chennai bench on a petition by a financial creditor. Current status: Under CIRP.
In the insolvency process for
4 yr 5 mo
Medians: time from admission to a plan or a liquidation order, over closed cases (n = 496 / 4,604). Pre-packs left out.
The company
Private limited company in Trading & Distribution, registered in Tamil Nadu
Admitted claims
₹100–500 Cr
Where the process stands
Admitted→Claims collected→Expression of Interest invited→Resolution plan or liquidation
How cases like this ended
Trading & Distribution · 764 closed
Resolved 15% · Liquidation 62% · Withdrawn or closed 23%
NCLT Chennai · 652 closed
Resolved 15% · Liquidation 63% · Withdrawn or closed 21%
Resolved cases in this sector: creditors' typical haircut 77.9% n=105
Liquidations in this sector: typical recovery 0.0% of claims n=113
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Admitted claims & creditor classesCommittee of creditorsFinancialsCompany & MCA recordTimeline & key dates · 9 tribunal ordersProfessionalsIntelligence note
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