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Home/ Cases/ Other Services/ Punj Lloyd Limited
LIQUIDATION — ORDER PASSED IN PROCESS

Punj Lloyd Limited

Corporate insolvency — liquidation in process · May 2022 · IBBI IBBI register

Business services provider · listed public limited company · incorporated 1988 · 30 years old at admission

Sector Other Services Bench NCLT New Delhi (Principal Bench) CIN L74899DL1988PLC033314 Admitted 11 Mar 2019 Initiated by FC
Admitted Claims
₹13,389.61Cr
#3 of 507 in sector by size
Distributed
pending closure
Recovery / Claims
pending closure
Liq. Value
pending closure
CIRP Duration
3y 2mo
16 mo slower than national avg
Closure
In process
realisation ongoing

Claims at a glance

full split →
FC 92%
OC 8%
Total admitted ₹13,389.61 Cr

Case details

CIN
L74899DL1988PLC033314
Incorporated
1988
Registered State
Delhi
NCLT Bench
New Delhi (Principal Bench)
Initiated by
FC
Commencement
11 Mar 2019
Liquidation Order
27 May 2022
Admitted Claims
₹13,389.61 Cr

NCLT New Delhi (Principal Bench): median 610 days admission → verdict · 54% of concluded matters ended in plan approval (n=71, full record) · all benches →

E-auction record

96 notices on record · latest 6 shown

Price discovery: reserve ₹1,061 Cr at first notice (10 Jul 2023) → ₹144 Cr at latest (07 Oct 2025) · -86% across 96 notices

07 Oct 2025
Reserve ₹144 Cr · Sale of Arbitration Assets of Punj Lloyd Limited · India and Abroad · eBKray
07 Oct 2025
Reserve ₹57.2 Cr · Sale of Leasehold Land, Building and Plant & machinery at Malanpur, Madhya Pradesh · Madhya Pradesh · eBKray
07 Oct 2025
Reserve ₹9.2 Cr · Sale of Land at Sidhudurg District, Maharashtra · Maharashtra · eBKray
07 Oct 2025
Reserve ₹0.73 Cr · Sale of Land at Mehasana, Gujarat · Gujarat · eBKray
07 Oct 2025
Reserve ₹21.6 Cr · Sale of Plant & Machinery at RSRP site at Chhattisgarh · Chhattisgarh · eBKray
06 Oct 2025
Reserve ₹281 Cr · Sale of Punj Lloyd Limited as a whole (excluding certain assets as provided in the ‘ASPM’) · India and Abroad · eBKray

IBBI liquidation e-auction notices · asset intelligence, not realisation — a reserve is an asking price, never a recovery.

Recent movement

full timeline →

Case timeline

11 Mar 2019
CIRP commenced
Insolvency proceedings began · NCLT New Delhi (Principal Bench)
22 May 2019
RP
27 May 2022
Liquidator
27 May 2022
Liquidation order passed
No resolution plan approved — assets liquidated

Company

MCA master · as on 12 Jun 2026
Type
Public · Company limited by shares
Listing
Listed
Incorporated
26 Sep 1988
Authorised capital
₹100 Cr
Paid-up capital
data unavailable
Industry (MCA)
Business Services
ROC
ROC Delhi
Company status
Active
Registered address
PUNJ LLOYD HOUSE17-18 NEHRU PLACE,NEW DELHI,Delhi,110019-India
Source: MCA Company / LLP Master Data — registry snapshot; figures are as on the stated date, not live.

Claims profile

creditor-class split
Admitted claims by creditor class
FC 92%
OC 8%
CLASS
ADMITTED
Financial creditors
₹12,300.32 Cr
Operational creditors
₹1,089.29 Cr
Total
₹13,389.61 Cr
admitted total/FC/OC from IBBI outcome file (crores); claimed & 9-category pending /claims scrape
Source: IBBI outcome data / Reg 31(5)(d) claims list · crores as filed · admitted "pending" = under collation or verification, not zero.

Committee of creditors

CoC composition not yet recorded for this case. Sourced from NCLT filings — added over time.
About this data: Case data is assembled from NCLT/NCLAT orders, IBBI public announcements, quarterly outcome records and the MCA registry. See how every number is sourced, checked and corrected →.
Report an error →
This case vs Other Services
Duration — 1,173d587d slower
sector avg 586d
Size rank in sector#3 of 507
Computed live across stressed.in's IBBI universe — every recorded Other Services outcome of this type.
Key parties
Liquidator
2 IBBI mandates · 108.1% of liquidation value realised across concluded work
IRP at commencement · replaced
Gaurav Gupta· Mar 2019
◆ RP changed during CIRP — IRP was replaced

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