Suasth Health Care Foundation

Corporate insolvency resolution — resolution plan approved · source: order listed by IBBI, 18 Dec 2023

Sector Healthcare Bench NCLT Kolkata Last process activity 17 months ago · tribunal order

Acquired by

Consortium of Nishkala Healthcare Private Limited and Ujin Pharma Chem

Named in the NCLT plan-approval order.

Case record

at a glance

Admitted by the Kolkata bench on its own application. 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

Public limited company in Healthcare, registered in West Bengal

Admitted claims

₹500–2,000 Cr

Where the process stands

Admitted→Expression of Interest invited→Resolution plan approved

How cases like this ended

Healthcare · 51 closed

Resolved 51% · Liquidation 33% · Withdrawn or closed 16%

NCLT Kolkata · 756 closed

Resolved 24% · Liquidation 47% · Withdrawn or closed 29%

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Admitted claims & creditor classesRecovery, haircut & plan valueCommittee of creditorsFinancialsCompany & MCA recordTimeline & key dates · 10 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note

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