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Home/ Cases/ Trading & Distribution/ Sneh Olefins Private Limited
● Under CIRP

Sneh Olefins Private Limited

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

Business: wholesale trade in plastic granules, polymers and petrochemicals.

Sector Trading & Distribution Bench NCLT Jaipur Last process activity 28 days ago · claims re-verified · active

Owed money by this company? The date in the public announcement has passed, but regulation 12 still allows a claim for 42 more days, or longer if the request for resolution plans has not yet gone out. How to file your claim →

Case record

at a glance

Admitted by the Jaipur bench on a petition by an operational creditor. Current status: Under CIRP.

In the insolvency process for
48 days
This case
NCLT Jaipur median · 1 yr 4 mo
All India median · 1 yr 3 mo
Medians: time from admission to a plan or a liquidation order, over closed cases (n = 75 / 4,609). Pre-packs left out.
The company
Private limited company in Trading & Distribution, registered in Rajasthan
Admitted claims
₹10–100 Cr
Where the process stands
Admitted→Public announcement→Claims collected→Resolution plan or liquidation
How cases like this ended
Trading & Distribution · 812 closed
Resolved 15% · Liquidation 58% · Withdrawn or closed 27%
NCLT Jaipur · 131 closed
Resolved 21% · Liquidation 37% · Withdrawn or closed 42%
Resolved cases in this sector: creditors' typical haircut 80.6% n=112
Liquidations in this sector: typical recovery 0.0% of claims n=113
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Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 1 tribunal orderProfessionalsIntelligence note
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