Mantena Laboratories Limited

Corporate insolvency resolution — resolution plan approved · source: NCLT order, 6 Feb 2024

Sector Pharmaceuticals Bench NCLT Hyderabad

Acquired by

Mr. Shiv Charan Along with Mrs. Bharti Agarwal & Mrs. Pushpalata Bai

Named in the NCLT plan-approval order.

Case record

at a glance

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

Admission to plan approval

2 yr 6 mo

This case

NCLT Hyderabad median · 1 yr 4 mo

All India median · 1 yr 8 mo

Medians: time from admission to plan approval, over closed cases (n = 125 / 1,536). Pre-packs left out.

The company

Public limited company in Pharmaceuticals, registered in Telangana

Admitted claims

₹100–500 Cr

Where the process stands

Admitted→Expression of Interest invited→Resolution plan approved

How cases like this ended

Pharmaceuticals · 42 closed

Resolved 55% · Liquidation 33% · Withdrawn or closed 12%

NCLT Hyderabad · 483 closed

Resolved 26% · Liquidation 45% · Withdrawn or closed 29%

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Admitted claims & creditor classesRecovery, haircut & plan valueCommittee of creditorsFinancialsCompany & MCA recordTimeline & key dates · 7 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note

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