Megha Granules Private Limited

Corporate insolvency resolution — resolution plan approved · source: NCLT order, 12 Aug 2022

Sector Chemicals & Plastics Bench NCLT Guwahati Last process activity 3.1 years ago · tribunal order

Acquired by

North East Granulators

Named in the NCLT plan-approval order.

Case record

at a glance

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

Admission to plan approval

1 yr 3 mo

This case

All India median · 1 yr 8 mo

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

The company

Private limited company in Chemicals & Plastics, registered in Assam

Admitted claims

₹100–500 Cr

Where the process stands

Admitted→Expression of Interest invited→Resolution plan approved

How cases like this ended

Chemicals & Plastics · 121 closed

Resolved 56% · Liquidation 37% · Withdrawn or closed 7%

NCLT Guwahati · 50 closed

Resolved 32% · Liquidation 42% · Withdrawn or closed 26%

Resolved cases in this sector: creditors' typical haircut 77.7% n=64

Liquidations in this sector: typical recovery 7.8% of claims n=32

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Admitted claims & creditor classesRecovery, haircut & plan valueCommittee of creditorsFinancialsCompany & MCA recordTimeline & key dates · 5 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note

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