Saptarishi Hotels Private Limited

Corporate insolvency — liquidated & dissolved · source: order listed by IBBI, 19 Oct 2022

Sector Hospitality & Leisure Bench NCLT Hyderabad Last process activity 19 months ago · tribunal order

Case record

at a glance

Admitted by the Hyderabad bench on a petition by a financial creditor. Current status: Liquidation — Dissolved.

Admission to liquidation order

1 yr 8 mo

This case

NCLT Hyderabad median · 1 yr 1 mo

All India median · 1 yr 1 mo

Medians: time from admission to a liquidation order, over closed cases (n = 209 / 3,073). Pre-packs left out.

The company

Private limited company in Hospitality & Leisure, registered in Telangana

Admitted claims

₹100–500 Cr

Where the process stands

Admitted→Liquidation ordered→Dissolved

How cases like this ended

Hospitality & Leisure · 71 closed

Resolved 61% · Liquidation 23% · Withdrawn or closed 17%

NCLT Hyderabad · 483 closed

Resolved 26% · Liquidation 45% · Withdrawn or closed 29%

Resolved cases in this sector: creditors' typical haircut 69.3% n=41

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8 sections of this case are locked.

Admitted claims & creditor classesRecovery & distributionCommittee of creditorsCompany & MCA recordTimeline & key dates · 7 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note

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