Sanjay Insecticides Pvt. Ltd.

Corporate insolvency — liquidated & dissolved · source: order listed by IBBI, 27 Sep 2023

Sector Chemicals & Plastics Bench NCLT Mumbai Last process activity 3.1 years ago · tribunal order

Case record

at a glance

Admitted by the Mumbai bench on a petition by an operational creditor. Current status: Liquidation — Dissolved.

Admission to liquidation order

1 yr 3 mo

This case

NCLT Mumbai median · 1 yr 3 mo

All India median · 1 yr 1 mo

Medians: time from admission to a liquidation order, over closed cases (n = 812 / 3,073). Pre-packs left out.

The company

Private limited company in Chemicals & Plastics, registered in Maharashtra

Admitted claims

Under ₹10 Cr

Where the process stands

Admitted→Liquidation ordered→Dissolved

How cases like this ended

Chemicals & Plastics · 121 closed

Resolved 56% · Liquidation 37% · Withdrawn or closed 7%

NCLT Mumbai · 1,753 closed

Resolved 25% · Liquidation 48% · Withdrawn or closed 27%

Resolved cases in this sector: creditors' typical haircut 77.7% n=64

Liquidations in this sector: typical recovery 7.8% of claims n=32

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8 sections of this case are locked.

Admitted claims & creditor classesRecovery & distributionCommittee of creditorsCompany & MCA recordTimeline & key dates · 3 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note

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