J S B Entrade Private Limited

Corporate insolvency resolution — resolution plan approved · source: NCLT order, 20 Jan 2023

Sector Cement, Glass & Ceramics Bench NCLT Guwahati

Acquired by

NK Power and Infrastructure Private Limited

Named in the NCLT plan-approval order.

Case record

at a glance

Admitted by the Guwahati bench on a petition by a financial creditor. Current status: Resolved.

Admission to plan approval

1 yr 1 mo

This case

All India median · 1 yr 8 mo

Medians: time from admission to plan approval, over closed cases (n = 1,536). Pre-packs left out.

The company

Private limited company in Cement, Glass & Ceramics, registered in Assam

Admitted claims

₹10–100 Cr

Where the process stands

Admitted→Expression of Interest invited→Resolution plan approved

How cases like this ended

Cement, Glass & Ceramics · 37 closed

Resolved 70% · Liquidation 22% · Withdrawn or closed 8%

NCLT Guwahati · 50 closed

Resolved 32% · Liquidation 42% · Withdrawn or closed 26%

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Admitted claims & creditor classesRecovery, haircut & plan valueCommittee of creditorsFinancialsCompany & MCA recordTimeline & key dates · 2 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note

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