Case record
Admitted by the Chennai bench on a petition by an operational creditor. Current status: Withdrawn.
Admission to closure
4 mo
Medians: time from admission to withdrawal or closure, over closed cases (n = 143 / 1,667). Pre-packs left out.
The company
Private limited company in Textiles & Apparel, registered in Tamil Nadu
Where the process stands
Admitted→Withdrawn
How cases like this ended
Textiles & Apparel · 442 closed
Resolved 19% · Liquidation 55% · Withdrawn or closed 27%
NCLT Chennai · 681 closed
Resolved 15% · Liquidation 60% · Withdrawn or closed 25%
Resolved cases in this sector: creditors' typical haircut 81.1% n=80
Liquidations in this sector: typical recovery 5.8% of claims n=84
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Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 4 tribunal ordersProfessionalsIntelligence note
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