Isinox Limited — Admission Set Aside

Isinox Limited

Corporate insolvency — admission set aside on appeal (NCLAT) · registry: Allowed · source: NCLAT order, 16 Dec 2024

Sector Other Manufacturing Bench NCLT Mumbai

Case record

at a glance

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

Admission to closure

1 yr 9 mo

This case

NCLT Mumbai median · 5 mo

All India median · 5 mo

Medians: time from admission to withdrawal or closure, over closed cases (n = 323 / 1,407). Pre-packs left out.

The company

Public limited company in Other Manufacturing, registered in Maharashtra

Where the process stands

Admitted→Admission Set Aside

How cases like this ended

Other Manufacturing · 877 closed

Resolved 12% · Liquidation 49% · Withdrawn or closed 39%

NCLT Mumbai · 1,676 closed

Resolved 26% · Liquidation 50% · Withdrawn or closed 24%

Resolved cases in this sector: creditors' typical haircut 79.3% n=93

Liquidations in this sector: typical recovery 4.4% of claims n=58

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4 sections of this case are locked.

Company & MCA recordTimeline & key dates · 8 tribunal ordersProfessionalsIntelligence note

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