Intelligence note
◆ Flagged as the dominant case of the quarter — 11.94% of resolved claims.
Claims at a glance
FC 77%
OC 23%
Total admitted ₹12,146.33 Cr
Case details
CIN
L15140MH1986PLC038536
Incorporated
1986
Registered State
Maharashtra
NCLT Bench
Mumbai
Initiated by
FC — Standard Chartered Bank
Defunct / BIFR
No
Commencement
15 Dec 2017
Outcome Date
24 Jul 2019
Admitted Claims
₹9,384.75 Cr
Liquidation Value
₹2,391.16 Cr
Realisable Amount
₹4,093.19 Cr
Recovery vs Claims
43.62%
Recovery vs LV
171.18%
NCLT Mumbai: median 571 days admission → verdict · 38% of concluded matters ended in plan approval (n=967, full record) · all benches →
Recent movement
Case timeline
15 Dec 2017
CIRP commenced
Insolvency proceedings began · NCLT Mumbai
1 year 7 months elapsed · admission → resolution
24 Jul 2019
Resolution plan approved
Haircut 56.38%
Company
Legal name
PATANJALI FOODS LIMITED
Type
Public · Company limited by shares
Listing
Listed
Incorporated
06 Jan 1986
Authorised capital
₹953.05 Cr
Paid-up capital
₹217.62 Cr
Industry (MCA)
Manufacturing (Food stuffs)
ROC
ROC Mumbai
Company status
Active — company survived resolution
Registered address
616, Tulsiani Chambers Nariman Point,Mumbai,Mumbai City,Maharashtra,400021-India
Source: MCA Company / LLP Master Data — registry snapshot; figures are as on the stated date, not live.
Claims profile
Admitted claims by creditor class
FC 77%
OC 23%
CLASS
ADMITTED
Financial creditors
₹9,384.75 Cr
Operational creditors
₹2,761.58 Cr
Total
₹12,146.33 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 Food & Agro
Haircut — 56.4%13.4 pts better
sector avg 69.8% · 116 resolutions
Rec vs LV — 171.2%-991.2 pts
sector avg 1,162.4%
Duration — 586d82d faster
sector avg 668d
Size rank in sector#1 of 116
Computed live across stressed.in's IBBI universe — every recorded Food & Agro outcome of this type.
Key parties
Resolution Professional
10 IBBI mandates · 162.6% of liquidation value realised across concluded work
IRP at commencement
Shailendra Ajmera → · Dec 2017
CIRP initiated by
Standard Chartered Bank FC
Resolution applicant
Not yet recorded — from NCLT resolution-plan order.
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