Leel Electricals Limited

Corporate insolvency — liquidation in process · source: IBBI register

Sector Machinery & Equipment Bench NCLT Allahabad Last process activity 3.6 years ago · auction notice

Case record

at a glance

Admitted by the Allahabad bench on a petition by an operational creditor. Current status: Liquidation.

Admission to liquidation order

1 yr 9 mo

This case

NCLT Allahabad median · 1 yr 9 mo

All India median · 1 yr 1 mo

Medians: time from admission to a liquidation order, over closed cases (n = 56 / 3,069). Pre-packs left out.

The company

Listed public limited company in Machinery & Equipment, registered in Utta

Admitted claims

₹500–2,000 Cr

Where the process stands

Admitted→Liquidation ordered

How cases like this ended

Machinery & Equipment · 380 closed

Resolved 10% · Liquidation 59% · Withdrawn or closed 31%

NCLT Allahabad · 162 closed

Resolved 28% · Liquidation 35% · Withdrawn or closed 37%

Resolved cases in this sector: creditors' typical haircut 79.0% n=37

Liquidations in this sector: typical recovery 2.9% of claims n=38

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Admitted claims & creditor classesRecovery & distributionCommittee of creditorsCompany & MCA recordTimeline & key dates · 11 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note

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