South Indian Mint and Aromatic Products Limited

Corporate insolvency — liquidated & dissolved · source: NCLT order, 31 May 2023

Sector Hospitality & Leisure Bench NCLT Chennai Last process activity 3.4 years ago · tribunal order

Case record

at a glance

Admitted by the Chennai bench on a petition by an operational creditor. Current status: Liquidation — Dissolved.

Admission to liquidation order

10 mo

This case

NCLT Chennai median · 11 mo

All India median · 1 yr 1 mo

Medians: time from admission to a liquidation order, over closed cases (n = 394 / 3,073). Pre-packs left out.

The company

Public limited company in Hospitality & Leisure, registered in Puducherry

Admitted claims

Under ₹10 Cr

Where the process stands

Admitted→Liquidation ordered→Dissolved

How cases like this ended

Hospitality & Leisure · 71 closed

Resolved 61% · Liquidation 23% · Withdrawn or closed 17%

NCLT Chennai · 681 closed

Resolved 15% · Liquidation 60% · Withdrawn or closed 25%

Resolved cases in this sector: creditors' typical haircut 69.3% n=41

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Admitted claims & creditor classesRecovery & distributionCommittee of creditorsCompany & MCA recordTimeline & key dates · 4 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note

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