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Home/ Cases/ Construction & Infrastructure/ Starlite Infracon Private Limited
✓ Resolved — plan approved

Starlite Infracon Private Limited

Corporate insolvency resolution — resolution plan approved · source: NCLT order, 6 Jul 2022

Sector Construction & Infrastructure Bench NCLT Kolkata Last process activity 2.6 years ago · tribunal order
Acquired by
D N P Heights Welfare Association
Named in the NCLT plan-approval order.

Case record

at a glance

Admitted by the Kolkata bench on a petition by a financial creditor. Current status: Resolved.

Admission to plan approval
2 yr 3 mo
This case
NCLT Kolkata median · 1 yr 6 mo
All India median · 1 yr 8 mo
Medians: time from admission to plan approval, over closed cases (n = 177 / 1,536). Pre-packs left out.
The company
Private limited company in Construction & Infrastructure, registered in West Bengal
Admitted claims
₹10–100 Cr
Where the process stands
Admitted→Expression of Interest invited→Resolution plan approved
How cases like this ended
Construction & Infrastructure · 779 closed
Resolved 25% · Liquidation 34% · Withdrawn or closed 41%
NCLT Kolkata · 756 closed
Resolved 24% · Liquidation 47% · Withdrawn or closed 29%
Resolved cases in this sector: creditors' typical haircut 67.8% n=180
Liquidations in this sector: typical recovery 0.3% of claims n=43
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Admitted claims & creditor classesRecovery, haircut & plan valueCommittee of creditorsFinancialsCompany & MCA recordTimeline & key dates · 5 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note
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