Shivalik Cotsyn Private Limited

Corporate insolvency — liquidation in process · source: NCLT order, 22 Aug 2024

Sector Textiles & Apparel Bench NCLT Allahabad Last process activity 57 days ago · claims re-verified · active

Case record

at a glance

Admitted by the Allahabad bench on a petition by an operational creditor. Current status: Liquidation.

Admission to liquidation order

2 yr 3 mo

This case

NCLT Allahabad median · 1 yr 9 mo

All India median · 1 yr 1 mo

Medians: time from admission to a liquidation order, over closed cases (n = 56 / 3,069). Pre-packs left out.

The company

Private limited company in Textiles & Apparel, registered in Utta

Admitted claims

Under ₹10 Cr

Where the process stands

Admitted→Liquidation ordered

How cases like this ended

Textiles & Apparel · 427 closed

Resolved 19% · Liquidation 56% · Withdrawn or closed 24%

NCLT Allahabad · 164 closed

Resolved 27% · Liquidation 35% · Withdrawn or closed 38%

Resolved cases in this sector: creditors' typical haircut 81.1% n=78

Liquidations in this sector: typical recovery 5.8% of claims n=84

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8 sections of this case are locked.

Admitted claims & creditor classesRecovery & distributionCommittee of creditorsCompany & MCA recordTimeline & key dates · 6 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note

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