Case record
Admitted by the Mumbai bench on a petition by an operational creditor. Current status: Under CIRP.
In the insolvency process for
3 mo
Medians: time from admission to a plan or a liquidation order, over closed cases (n = 1,244 / 4,604). Pre-packs left out.
The company
Public limited company in Chemicals & Plastics, registered in Maharashtra
Admitted claims
₹10–100 Cr
Where the process stands
Admitted→Public announcement→Claims collected→Expression of Interest invited→Resolution plan or liquidation
How cases like this ended
Chemicals & Plastics · 119 closed
Resolved 57% · Liquidation 38% · Withdrawn or closed 5%
NCLT Mumbai · 1,672 closed
Resolved 26% · Liquidation 50% · Withdrawn or closed 24%
Resolved cases in this sector: creditors' typical haircut 78.1% n=63
Liquidations in this sector: typical recovery 7.8% of claims n=32
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Admitted claims & creditor classesCommittee of creditorsFinancialsCompany & MCA recordTimeline & key dates · 1 tribunal orderProfessionalsIntelligence note
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