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Home/ Cases/ Auto & Components/ Sheel Auto Industries Private Limited
✓ Resolved — plan approved

Sheel Auto Industries Private Limited

Corporate insolvency resolution — resolution plan approved · source: order listed by IBBI, 6 May 2025

Sector Auto & Components Bench NCLT Chandigarh
Acquired by
Mr. Ramdhan Gupta
Named in the NCLT plan-approval order.

Case record

at a glance

Admitted by the Chandigarh bench on its own application. Current status: Resolved.

Admission to plan approval
1 yr 8 mo
This case
NCLT Chandigarh median · 2 yr 3 mo
All India median · 1 yr 8 mo
Medians: time from admission to plan approval, over closed cases (n = 78 / 1,536). Pre-packs left out.
The company
Private limited company in Auto & Components, registered in Punjab
Admitted claims
Under ₹10 Cr
Where the process stands
Admitted→Expression of Interest invited→Resolution plan approved
How cases like this ended
Auto & Components · 30 closed
Resolved 57% · Liquidation 23% · Withdrawn or closed 20%
NCLT Chandigarh · 311 closed
Resolved 25% · Liquidation 43% · Withdrawn or closed 32%
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Admitted claims & creditor classesRecovery, haircut & plan valueCommittee of creditorsFinancialsCompany & MCA recordTimeline & key dates · 2 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note
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