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Home/ Cases/ Real Estate & Housing/ Suryodaya Realtors Private Limited
✓ Resolved — plan approved

Suryodaya Realtors Private Limited

Corporate insolvency resolution — resolution plan approved · source: NCLT order, 2 Aug 2023

Sector Real Estate & Housing Bench NCLT Kolkata
Acquired by
Plot Buyers of Baruipur Bloomfield Project
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
Private limited company in Real Estate & Housing, registered in West Bengal
Admitted claims
Under ₹10 Cr
Where the process stands
Admitted→Expression of Interest invited→Resolution plan approved
How cases like this ended
Real Estate & Housing · 393 closed
Resolved 26% · Liquidation 27% · Withdrawn or closed 47%
NCLT Kolkata · 756 closed
Resolved 24% · Liquidation 47% · Withdrawn or closed 29%
Resolved cases in this sector: creditors' typical haircut 67.6% n=89
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Admitted claims & creditor classesRecovery, haircut & plan valueCommittee of creditorsFinancialsCompany & MCA recordTimeline & key dates · 2 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note
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