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Corporate insolvency — admission set aside on appeal (NCLAT) · registry: SET ASIDE · source: NCLAT order, 8 Aug 2023

Sector Construction & Infrastructure Bench NCLT Hyderabad

Case record

at a glance

Admitted by the Hyderabad bench on a petition by a financial creditor. Current status: Admission Set Aside.

Admission to closure

1 yr 5 mo

This case

NCLT Hyderabad median · 4 mo

All India median · 5 mo

Medians: time from admission to withdrawal or closure, over closed cases (n = 84 / 1,407). Pre-packs left out.

The company

Private limited company in Construction & Infrastructure, registered in Telangana

Where the process stands

Admitted→Admission Set Aside

How cases like this ended

Construction & Infrastructure · 726 closed

Resolved 27% · Liquidation 37% · Withdrawn or closed 37%

NCLT Hyderabad · 459 closed

Resolved 27% · Liquidation 47% · Withdrawn or closed 26%

Resolved cases in this sector: creditors' typical haircut 68.2% n=171

Liquidations in this sector: typical recovery 0.3% of claims n=43

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6 sections of this case are locked.

Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 3 tribunal ordersProfessionalsIntelligence note

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