Hiranandani Palace Gardens Pvt. Ltd.

Corporate insolvency — liquidated & dissolved · source: NCLT order, 13 Aug 2019

Sector Real Estate & Housing Bench NCLT Mumbai Last process activity 4.6 years ago · claims re-verified

Case record

at a glance

Admitted by the Mumbai bench on a petition by an operational creditor. Current status: Liquidation — Dissolved.

Admission to liquidation order

7 mo

This case

NCLT Mumbai median · 1 yr 3 mo

All India median · 1 yr 1 mo

Medians: time from admission to a liquidation order, over closed cases (n = 812 / 3,073). Pre-packs left out.

The company

Private limited company in Real Estate & Housing, registered in Maharashtra

Admitted claims

₹10–100 Cr

Where the process stands

Admitted→Liquidation ordered→Dissolved

How cases like this ended

Real Estate & Housing · 393 closed

Resolved 26% · Liquidation 27% · Withdrawn or closed 47%

NCLT Mumbai · 1,753 closed

Resolved 25% · Liquidation 48% · Withdrawn or closed 27%

Resolved cases in this sector: creditors' typical haircut 67.6% n=89

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8 sections of this case are locked.

Admitted claims & creditor classesRecovery & distributionCommittee of creditorsCompany & MCA recordTimeline & key dates · 2 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note

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