Case record
Admitted by the Mumbai bench on a petition by a financial creditor. Current status: Under CIRP.
In the insolvency process for
2 mo
Medians: time from admission to a plan or a liquidation order, over closed cases (n = 1,244 / 4,609). Pre-packs left out.
The company
Public limited company in Chemicals & Plastics, registered in Maharashtra
Admitted claims
₹10–100 Cr
Where the process stands
Admitted→Public announcement→Claims collected→Resolution plan or liquidation
How cases like this ended
Chemicals & Plastics · 121 closed
Resolved 56% · Liquidation 37% · Withdrawn or closed 7%
NCLT Mumbai · 1,753 closed
Resolved 25% · Liquidation 48% · Withdrawn or closed 27%
Resolved cases in this sector: creditors' typical haircut 77.7% n=64
Liquidations in this sector: typical recovery 7.8% of claims n=32
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Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 2 tribunal ordersProfessionalsIntelligence note
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