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Corporate insolvency resolution — proceedings ongoing · source: IBBI public notice inviting Expression of Interest (EoI)

Debtor describes property purchase, sale and rental activities; specific sites not identified.

Sector Real Estate & Housing Bench NCLT New Delhi Last process activity 22 days ago · claims re-verified · active

Case record

at a glance

Admitted by the New Delhi bench on a petition by a financial creditor. Current status: Under CIRP.

In the insolvency process for

3 mo

This case

NCLT New Delhi median · 1 yr 5 mo

All India median · 1 yr 3 mo

Medians: time from admission to a plan or a liquidation order, over closed cases (n = 769 / 4,604). Pre-packs left out.

The company

Private limited company in Real Estate & Housing, registered in Delhi

Admitted claims

Under ₹10 Cr

Where the process stands

Admitted→Public announcement→Claims collected→Expression of Interest invited→Resolution plan or liquidation

How cases like this ended

Real Estate & Housing · 355 closed

Resolved 29% · Liquidation 29% · Withdrawn or closed 42%

NCLT New Delhi · 1,261 closed

Resolved 22% · Liquidation 41% · Withdrawn or closed 38%

Resolved cases in this sector: creditors' typical haircut 67.1% n=79

Subscriber access

This page's financial detail is available to stressed.in subscribers — for ARCs, PE funds and resolution professionals.

6 sections of this case are locked.

Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 1 tribunal orderProfessionalsIntelligence note

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