Kaneria Granito Limited — Liquidation — Closed (sold as going concern)

Kaneria Granito Limited

Corporate insolvency — liquidation closed; company sold as a going concern · source: NCLT order, 19 Apr 2024

Sector Mining Bench NCLT Ahmedabad Last process activity 2.5 years ago · tribunal order

Case record

at a glance

Admitted by the Ahmedabad bench on a petition by a financial creditor. Current status: Liquidation — Closed (sold as going concern).

Admission to liquidation order

1 yr 2 mo

This case

NCLT Ahmedabad median · 1 yr 1 mo

All India median · 1 yr 1 mo

Medians: time from admission to a liquidation order, over closed cases (n = 306 / 3,073). Pre-packs left out.

The company

Public limited company in Mining, registered in Gujarat

Admitted claims

₹100–500 Cr

Where the process stands

Admitted→Liquidation ordered→Sold as a going concern

How cases like this ended

Mining · 82 closed

Resolved 18% · Liquidation 52% · Withdrawn or closed 29%

NCLT Ahmedabad · 630 closed

Resolved 23% · Liquidation 49% · Withdrawn or closed 28%

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Admitted claims & creditor classesRecovery & distributionCommittee of creditorsCompany & MCA recordTimeline & key dates · 7 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note

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