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Corporate insolvency — liquidated & dissolved · source: NCLT order, 8 Oct 2020

Sector Machinery & Equipment Bench NCLT New Delhi Last process activity 5.8 years ago · claims re-verified

Case record

at a glance

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

Admission to liquidation order

1 yr 9 mo

This case

NCLT New Delhi median · 1 yr 2 mo

All India median · 1 yr 1 mo

Medians: time from admission to a liquidation order, over closed cases (n = 495 / 3,073). Pre-packs left out.

The company

Private limited company in Machinery & Equipment, registered in Delhi

Admitted claims

Under ₹10 Cr

Where the process stands

Admitted→Liquidation ordered→Dissolved

How cases like this ended

Machinery & Equipment · 403 closed

Resolved 10% · Liquidation 56% · Withdrawn or closed 34%

NCLT New Delhi · 1,372 closed

Resolved 20% · Liquidation 37% · Withdrawn or closed 42%

Resolved cases in this sector: creditors' typical haircut 79.4% n=38

Liquidations in this sector: typical recovery 2.9% of claims n=38

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8 sections of this case are locked.

Admitted claims & creditor classesRecovery & distributionCommittee of creditorsCompany & MCA recordTimeline & key dates · 3 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note

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