Prizam Alliance Private Limited

Corporate insolvency resolution — proceedings ongoing · source: IBBI list of newly admitted cases

Verified activity: purchase of pharmaceutical APIs, including paracetamol, ibuprofen and pantoprazole.

Sector Trading & Distribution Bench NCLT Ahmedabad Last process activity 2 months ago · public announcement · active

Case record

at a glance

Admitted by the Ahmedabad bench on a petition by an operational creditor. Current status: Under CIRP.

In the insolvency process for

2 mo

This case

NCLT Ahmedabad median · 1 yr 3 mo

All India median · 1 yr 3 mo

Medians: time from admission to a plan or a liquidation order, over closed cases (n = 449 / 4,609). Pre-packs left out.

The company

Private limited company in Trading & Distribution, registered in Gujarat

Where the process stands

Admitted→Public announcement→Resolution plan or liquidation

How cases like this ended

Trading & Distribution · 812 closed

Resolved 15% · Liquidation 58% · Withdrawn or closed 27%

NCLT Ahmedabad · 630 closed

Resolved 23% · Liquidation 49% · Withdrawn or closed 28%

Resolved cases in this sector: creditors' typical haircut 80.6% n=112

Liquidations in this sector: typical recovery 0.0% of claims n=113

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4 sections of this case are locked.

Company & MCA recordTimeline & key dates · 2 tribunal ordersProfessionalsIntelligence note

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