Shaft Promoters Private Limited

Corporate insolvency — liquidated & dissolved · source: NCLT order, 12 Sep 2023

Sector Real Estate & Housing Bench NCLT Chennai Last process activity 23 months ago · auction notice

Case record

at a glance

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

Admission to liquidation order

5 mo

This case

NCLT Chennai median · 11 mo

All India median · 1 yr 1 mo

Medians: time from admission to a liquidation order, over closed cases (n = 394 / 3,073). Pre-packs left out.

The company

Private limited company in Real Estate & Housing, registered in Tamil Nadu

Admitted claims

₹10–100 Cr

Where the process stands

Admitted→Liquidation ordered→Dissolved

How cases like this ended

Real Estate & Housing · 393 closed

Resolved 26% · Liquidation 27% · Withdrawn or closed 47%

NCLT Chennai · 681 closed

Resolved 15% · Liquidation 60% · Withdrawn or closed 25%

Resolved cases in this sector: creditors' typical haircut 67.6% n=89

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8 sections of this case are locked.

Admitted claims & creditor classesRecovery & distributionCommittee of creditorsCompany & MCA recordTimeline & key dates · 2 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note

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