Nagarjuna Oil Corporation Limited

Corporate insolvency — liquidation in process · source: order listed by IBBI, 11 Dec 2018

Sector Electronics & Electricals Bench NCLT Chennai Last process activity 2.3 years ago · auction notice

Case record

at a glance

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

Admission to liquidation order

1 yr 4 mo

This case

NCLT Chennai median · 11 mo

All India median · 1 yr 1 mo

Medians: time from admission to a liquidation order, over closed cases (n = 394 / 3,073). Pre-packs left out.

The company

Public limited company in Electronics & Electricals, registered in Tamil Nadu

Admitted claims

Over ₹2,000 Cr

Where the process stands

Admitted→Liquidation ordered

How cases like this ended

Electronics & Electricals · 84 closed

Resolved 50% · Liquidation 48% · Withdrawn or closed 2%

NCLT Chennai · 681 closed

Resolved 15% · Liquidation 60% · Withdrawn or closed 25%

Resolved cases in this sector: creditors' typical haircut 83.5% n=40

Liquidations in this sector: typical recovery 2.3% of claims n=32

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Admitted claims & creditor classesRecovery & distributionCommittee of creditorsCompany & MCA recordTimeline & key dates · 12 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note

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