Max Flex & Imaging Systems Limited

Corporate insolvency — this round concluded; outcome being traced from the orders · source: IBBI register

Sector Other Services Bench NCLT Mumbai Last process activity 4 months ago · auction notice

Case record

at a glance

Admitted by the Mumbai bench on a petition by a financial creditor. Current status: Round Concluded.

The company

Public limited company in Other Services, registered in Maharashtra

Admitted claims

₹500–2,000 Cr

Where the process stands

Admitted→Round Concluded

How cases like this ended

Other Services · 1,154 closed

Resolved 15% · Liquidation 51% · Withdrawn or closed 34%

NCLT Mumbai · 1,672 closed

Resolved 26% · Liquidation 50% · Withdrawn or closed 24%

Resolved cases in this sector: creditors' typical haircut 78.0% n=151

Liquidations in this sector: typical recovery 0.7% of claims n=127

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6 sections of this case are locked.

Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 4 tribunal ordersProfessionalsIntelligence note

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