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Home/ Cases/ Construction & Infrastructure/ SAPPHIRE LAND DEVELOPMENT PRIVATE LIMITED
LIQUIDATION — ORDER PASSED IN PROCESS

SAPPHIRE LAND DEVELOPMENT PRIVATE LIMITED

Corporate insolvency — liquidation in process · Jul 2026

Construction company · private limited company · incorporated 1989 · 31 years old at admission

Sector Construction & Infrastructure Bench NCLT Mumbai CIN U45200MH1989PTC053963 Admitted 30 Apr 2021
Admitted Claims
not disclosed
Distributed
pending closure
Recovery / Claims
pending closure
Liq. Value
pending closure
CIRP Duration
5y 3mo
3y 4mo slower than national avg
Closure
In process
realisation ongoing

Case details

CIN
U45200MH1989PTC053963
Incorporated
1989
Registered State
Maharashtra
NCLT Bench
Mumbai
Initiated by
data unavailable
Commencement
30 Apr 2021
Liquidation Order
31 Jul 2026

NCLT Mumbai: median 574 days admission → verdict · 38% of concluded matters ended in plan approval (n=971, full record) · all benches →

Recent movement

full timeline →

Case timeline

30 Apr 2021
CIRP commenced
Insolvency proceedings began · NCLT Mumbai
01 Jun 2023
RP
31 Jul 2026
Liquidation order passed
No resolution plan approved — assets liquidated

Company

MCA master · as on 12 Jun 2026
Type
Private · Company limited by shares
Listing
Unlisted
Incorporated
19 Oct 1989
Authorised capital
₹0.25 Cr
Paid-up capital
₹0.05 Cr
Industry (MCA)
Construction
ROC
ROC Mumbai
Company status
Under CIRP
Registered address
ROOM NO 05, CAPRI, 3rd FLOOR, ANANT KANEKAR MARG, BANDRA (EAST),,MUMBAI,Mumbai City,Maharashtra,400051-India
Source: MCA Company / LLP Master Data — registry snapshot; figures are as on the stated date, not live.
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 →.
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This case vs Construction & Infrastructure
Duration — 1,918d1,328d slower
sector avg 590d
Computed live across stressed.in's IBBI universe — every recorded Construction & Infrastructure outcome of this type.
Key parties
Liquidator
9 IBBI mandates · 15033.3% of liquidation value realised across concluded work
IRP at commencement · replaced
Ankur Kumar· Apr 2021
◆ RP changed during CIRP — IRP was replaced

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