Case record
Admitted by the Ahmedabad bench on a petition by an operational creditor. Current status: Liquidation — Dissolved.
Admission to liquidation order
2 yr
Medians: time from admission to a liquidation order, over closed cases (n = 306 / 3,073). Pre-packs left out.
The company
Public limited company in Chemicals & Plastics, registered in Gujarat
Admitted claims
Under ₹10 Cr
Where the process stands
Admitted→Liquidation ordered→Dissolved
How cases like this ended
Chemicals & Plastics · 121 closed
Resolved 56% · Liquidation 37% · Withdrawn or closed 7%
NCLT Ahmedabad · 630 closed
Resolved 23% · Liquidation 49% · Withdrawn or closed 28%
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 classesRecovery & distributionCommittee of creditorsCompany & MCA recordTimeline & key dates · 3 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note
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