Lgcl Urban Homes (India) Llp

Corporate insolvency resolution — resolution plan approved · source: NCLT order, 19 Jan 2026

Sector Real Estate & Housing Bench NCLT Bengaluru

Acquired by

Nanu Ram Goyal and Co

Named in the NCLT plan-approval order.

Case record

at a glance

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

Admission to plan approval

1 yr 2 mo

This case

NCLT Bengaluru median · 1 yr 9 mo

All India median · 1 yr 8 mo

Medians: time from admission to plan approval, over closed cases (n = 47 / 1,536). Pre-packs left out.

The company

Limited liability partnership in Real Estate & Housing, registered in Karnataka

Admitted claims

₹10–100 Cr

Where the process stands

Admitted→Expression of Interest invited→Resolution plan approved

How cases like this ended

Real Estate & Housing · 393 closed

Resolved 26% · Liquidation 27% · Withdrawn or closed 47%

NCLT Bengaluru · 256 closed

Resolved 18% · Liquidation 52% · Withdrawn or closed 30%

Resolved cases in this sector: creditors' typical haircut 67.6% n=89

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Admitted claims & creditor classesRecovery, haircut & plan valueCommittee of creditorsFinancialsCompany & MCA recordTimeline & key dates · 3 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note

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