J and K Synthetic Private Limited

Corporate insolvency resolution — proceedings ongoing · source: IBBI list of newly admitted cases

Factory project in Kathua integrated textile park; precise current product not established.

Sector Textiles & Apparel Bench NCLT Chandigarh Last process activity 3 months ago · public announcement

Case record

at a glance

Admitted by the Chandigarh bench. Current status: Under CIRP.

In the insolvency process for

3 mo

This case

NCLT Chandigarh median · 1 yr 8 mo

All India median · 1 yr 3 mo

Medians: time from admission to a plan or a liquidation order, over closed cases (n = 210 / 4,604). Pre-packs left out.

The company

Private limited company in Textiles & Apparel, registered in Jammu and Kashmir

Where the process stands

Admitted→Public announcement→Resolution plan or liquidation

How cases like this ended

Textiles & Apparel · 423 closed

Resolved 19% · Liquidation 57% · Withdrawn or closed 24%

NCLT Chandigarh · 293 closed

Resolved 27% · Liquidation 46% · Withdrawn or closed 28%

Resolved cases in this sector: creditors' typical haircut 81.1% n=78

Liquidations in this sector: typical recovery 5.8% of claims n=84

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4 sections of this case are locked.

Company & MCA recordTimeline & key dates · 1 tribunal orderProfessionalsIntelligence note

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