Svogl Oil Gas and Energy Limited

Corporate insolvency resolution — proceedings ongoing · source: IBBI list of newly admitted cases

Business: not stated in the order, which describes the company as a listed Public Company, formerly Shiv-Vani Oil & Gas Exploration Services Ltd., and extracts a Delhi High Court order saying the company under liquidation "owns oil rigs and various other immovable and moveable properties of high value". Registered office: Tower 1, 5th Floor, NBCC Plaza, Sector 5, Pushp Vihar, Saket, New Delhi -110017.

Sector Mining Bench NCLT New Delhi Last process activity 8 days ago · public announcement · active

Case record

at a glance

Admitted by the New Delhi bench on a petition by a financial creditor. Current status: Under CIRP.

In the insolvency process for

11 days

This case

NCLT New Delhi median · 1 yr 5 mo

All India median · 1 yr 3 mo

Medians: time from admission to a plan or a liquidation order, over closed cases (n = 771 / 4,607). Pre-packs left out.

The company

Company in Mining, registered in Delhi

Where the process stands

Admitted→Public announcement→Resolution plan or liquidation

How cases like this ended

Mining · 82 closed

Resolved 18% · Liquidation 52% · Withdrawn or closed 29%

NCLT New Delhi · 1,372 closed

Resolved 20% · Liquidation 37% · Withdrawn or closed 42%

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FinancialsCompany & MCA recordTimeline & key dates · 2 tribunal ordersProfessionalsIntelligence note

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