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Home/ Cases/ Real Estate & Housing/ J - Seventy One Properties & Pictures Private Limited
● Under CIRP

J - Seventy One Properties & Pictures Private Limited

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

Tribunal describes real-estate developer; specific development project not named.

Sector Real Estate & Housing Bench NCLT Mumbai Last process activity 51 days ago · claims re-verified · active

Claims — past the ninety-day period. The ninety days from admission that regulation 12 allows ended 14 days ago. A claim filed now must state its reasons for the delay, and it is for the resolution professional to accept or reject it. How claims are filed →

Case record

at a glance

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

In the insolvency process for
3 mo
This case
NCLT Mumbai median · 1 yr 6 mo
All India median · 1 yr 3 mo
Medians: time from admission to a plan or a liquidation order, over closed cases (n = 1,244 / 4,604). Pre-packs left out.
The company
Private limited company in Real Estate & Housing, registered in Maharashtra
Admitted claims
Under ₹10 Cr
Where the process stands
Admitted→Public announcement→Claims collected→Resolution plan or liquidation
How cases like this ended
Real Estate & Housing · 355 closed
Resolved 29% · Liquidation 29% · Withdrawn or closed 42%
NCLT Mumbai · 1,672 closed
Resolved 26% · Liquidation 50% · Withdrawn or closed 24%
Resolved cases in this sector: creditors' typical haircut 67.1% n=79
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Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 1 tribunal orderProfessionalsIntelligence note
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