Case details
CIN
U27310TZ1995PLC006101
Incorporated
1995
Registered State
Tamil Nadu
NCLT Bench
Chennai
Initiated by
data unavailable
Commencement
29 Jan 2020
Outcome Date
29 May 2026
NCLT Chennai: median 424 days admission → verdict · 23% of concluded matters ended in plan approval (n=362, full record) · all benches →
Recent movement
Case timeline
29 Jan 2020
CIRP commenced
Insolvency proceedings began · NCLT Chennai
6 years 3 months elapsed · admission → resolution
29 May 2026
Withdrawn under Section 12A
CIRP withdrawn — typically settlement with the applicant
Company
Type
Public · Company limited by shares
Listing
Unlisted
Incorporated
03 May 1995
Authorised capital
₹35 Cr
Paid-up capital
₹12.45 Cr
Industry (MCA)
Manufacturing (Metals and Chemicals, and products thereof)
ROC
ROC Coimbatore
Company status
Active
Registered address
A-9SIDCO INDUSTRIAL ESTATE KURICHI,COIMBATORE,Tamil Nadu,641021-India
Source: MCA Company / LLP Master Data — registry snapshot; figures are as on the stated date, not live.
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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Key parties
Resolution Professional
23 IBBI mandates · 158.2% of liquidation value realised across concluded work
IRP at commencement · replaced
Renuka Devi Rangaswamy → · Jan 2020
◆ RP changed during CIRP — IRP was replaced
Resolution applicant
Not yet recorded — from NCLT resolution-plan order.
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