Intelligence note
Admitted to insolvency on 14 Jun 2023 by the Mumbai bench, on a petition by Srei Equipment Finance Limited (a financial creditor). Liquidation was ordered on 04 Sep 2026, 1,178 days after admission (median for concluded cases: 485 days).
Case details
CIN
U45400MH2011PTC218596
Incorporated
2011
Registered State
Maharashtra
NCLT Bench
Mumbai
Initiated by
FC — Srei Equipment Finance Limited
Commencement
14 Jun 2023
Liquidation Order
04 Sep 2026
NCLT Mumbai: median 553 days admission → verdict · 34% of concluded matters ended in plan approval (n=1,250, full record) · all benches →
Recent movement
12 Oct 2023
Expressions of interest invited
RP: Mr. Anup Kumar Singh
01 Nov 2023
Expressions of interest invited
RP: Mr. Anup Kumar Singh
18 Nov 2023
EoI window closed
EoI window closed | 4 rounds held
18 Nov 2023
Expressions of interest invited
RP: Mr. Anup Kumar Singh
04 Sep 2026
Liquidation order passed
No resolution plan approved — assets liquidated
EoI / Form-G detail
Plan submission by
29 Nov 2023
Case timeline
14 Jun 2023
CIRP commenced
Insolvency proceedings began · NCLT Mumbai
22 Sep 2023
Expressions of interest invited
RP: Mr. Anup Kumar Singh
12 Oct 2023
Expressions of interest invited
RP: Mr. Anup Kumar Singh
01 Nov 2023
Expressions of interest invited
RP: Mr. Anup Kumar Singh
18 Nov 2023
EoI window closed
EoI window closed | 4 rounds held
18 Nov 2023
Expressions of interest invited
RP: Mr. Anup Kumar Singh
04 Sep 2026
Liquidation order passed
No resolution plan approved — assets liquidated
Company
Legal name
SUPREME BUNGALOWS PRIVATE LIMITED
Type
Private · Company limited by shares
Listing
Unlisted
Incorporated
14 Jun 2011
Authorised capital
Rs 1.00 L
Paid-up capital
Rs 1.00 L
Industry (MCA)
Construction
ROC
ROC Mumbai
Company status
Under CIRP
Registered address
Supreme House, Plot No.94/C, Opp. I.I.T., Powai,,Mumbai,Maharashtra,400076-India
Claims filing history
Operational creditors ↓
2 ↓
3 ↓
4 ↓
Other stakeholders ↓
Secured FC — class of creditors ↓
Secured financial creditors ↓
FC — class of creditors (homebuyer-type) ↓
Unsecured financial creditors ↓
| Creditor class | Claimed | Admitted | Admitted % |
|---|---|---|---|
| Secured financial creditors | Rs 432.66 Cr | Rs 432.66 Cr | 100% |
| Operational creditors | Rs 71.36 L | Rs 71.36 L | 100% |
| FC — class of creditors (homebuyer-type) (list printed NIL) | Rs 0 | Rs 0 | — |
| Secured FC — class of creditors (list printed NIL) | Rs 0 | Rs 0 | — |
| Other stakeholders (list printed NIL) | Rs 0 | Rs 0 | — |
| Unsecured financial creditors (list printed NIL) | Rs 0 | Rs 0 | — |
| Total of listed classes | Rs 433.37 Cr | Rs 433.37 Cr | 100% |
v3 · latest
as on 30 Oct 2023 · filed by Mr. Anup Kumar Singh
v2
as on 28 Jun 2023 · filed by Mr. Anup Kumar Singh
v1
as on 28 Jun 2023 · filed by Mr. Anup Kumar Singh
Sources, basis and disclaimers → ·
report an error
This case vs Construction & Infrastructure
Time to liquidation order1,178 days
typical for this sector 407 days · median of 219
Key parties
Liquidator
26 IBBI mandates · 214.8% of liquidation value realised across concluded work
IRP at commencement
Anup Kumar Singh → · Jun 2023
CIRP initiated by
Srei Equipment Finance Limited FC
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