Silver Jubilee Motors Limited

Corporate insolvency resolution — proceedings ongoing · source: IBBI list of newly admitted cases

Sector Trading & Distribution Bench NCLT Mumbai

Case record

at a glance

Admitted by the Mumbai bench on a petition by a financial creditor. Current status: Under CIRP.

In the insolvency process for

15 days

This case

NCLT Mumbai median · 1 yr 6 mo

All India median · 1 yr 3 mo

Medians: time from admission to a plan or a liquidation order, over closed cases (n = 1,245 / 4,608). Pre-packs left out.

The company

Public limited company in Trading & Distribution, registered in Maharashtra

Where the process stands

Admitted→Public announcement→Resolution plan or liquidation

How cases like this ended

Trading & Distribution · 770 closed

Resolved 15% · Liquidation 61% · Withdrawn or closed 24%

NCLT Mumbai · 1,685 closed

Resolved 26% · Liquidation 50% · Withdrawn or closed 25%

Resolved cases in this sector: creditors' typical haircut 77.9% n=105

Liquidations in this sector: typical recovery 0.0% of claims n=113

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4 sections of this case are locked.

Company & MCA recordTimeline & key dates · 6 tribunal ordersProfessionalsIntelligence note

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