Intelligence note
Admitted to insolvency on 16 Aug 2022 by the Jaipur bench, on a petition by M/s Prime Impex (an operational creditor). The admission order states the default at Rs 11.95 L. The process was closed on 07 Sep 2026 after a settlement before the appellate tribunal, 1,483 days after admission.
Case details
CIN
U51909RJ2014PTC046650
Incorporated
2014
Registered State
Rajasthan
NCLT Bench
Jaipur
Petition
IA No. 534-JPR-2022 in CP No. (IB)- 79-9-JPR-2020
Initiated by
OC — M/s Prime Impex (Operational Creditor)
Amount in Default (per admission order)
Rs 11.95 L
Commencement
16 Aug 2022
Outcome Date
07 Sep 2026
NCLT Jaipur: median 514 days admission → verdict · 38% of concluded matters ended in plan approval (n=74, full record) · all benches →
Recent movement
16 Aug 2022
CIRP commenced
Insolvency proceedings began · NCLT Jaipur
07 Sep 2026
Closed on settlement
Closed after a settlement before the appellate tribunal (NCLAT)
EoI / Form-G detail
Plan submission by
18 Dec 2022
Evaluation matrix issued
13 Nov 2022
Dates as captured from IBBI on 30 Aug 2026
Case timeline
16 Aug 2022
CIRP commenced
Insolvency proceedings began · NCLT Jaipur
07 Sep 2026
Closed on settlement
Closed after a settlement before the appellate tribunal (NCLAT)
4 years elapsed · admission → resolution
Company
Type
Private · Company limited by shares
Listing
Unlisted
Incorporated
02 Dec 2014
Authorised capital
Rs 25.00 L
Paid-up capital
Rs 25.00 L
Industry (MCA)
Trading
ROC
ROC Jaipur
Company status
Under CIRP
Registered address
250/47, RHB, Pratap Enclave Haldhighati Marg, Pratap Nagar, Sanganer,Jaipur,Jaipur,Rajasthan,302017-India
Claims filing history
v3 · latest
as on 17 Aug 2023 · filed by UMANG JAIN
v2
as on 06 Oct 2022 · filed by UMANG JAIN
v1
as on 05 Sep 2022 · filed by UMANG JAIN
Sources, basis and disclaimers → ·
report an error
Key parties
IRP at commencement
Umang Jain → · Aug 2022
CIRP initiated by
M/s Prime Impex (Operational Creditor) OC
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