Sysco Industries Limited

Corporate insolvency resolution — resolution plan approved · source: NCLT order, 1 Jul 2022

Sector Trading & Distribution Bench NCLT Ahmedabad Last process activity 21 months ago · tribunal order

Acquired by

Rathna Packaging India Private Limited

Named in the NCLT plan-approval order.

Case record

at a glance

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

Admission to plan approval

9 mo

This case

NCLT Ahmedabad median · 1 yr 6 mo

All India median · 1 yr 8 mo

Medians: time from admission to plan approval, over closed cases (n = 143 / 1,536). Pre-packs left out.

The company

Public limited company in Trading & Distribution, registered in Gujarat

Admitted claims

₹100–500 Cr

Where the process stands

Admitted→Expression of Interest invited→Resolution plan approved

How cases like this ended

Trading & Distribution · 812 closed

Resolved 15% · Liquidation 58% · Withdrawn or closed 27%

NCLT Ahmedabad · 630 closed

Resolved 23% · Liquidation 49% · Withdrawn or closed 28%

Resolved cases in this sector: creditors' typical haircut 80.6% n=112

Liquidations in this sector: typical recovery 0.0% of claims n=113

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Recovery, haircut & plan valueFinancialsCompany & MCA recordTimeline & key dates · 12 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note

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