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Home/ Cases/ Construction & Infrastructure/ Technic Projects Constructions Private Limited
CIRP — dissolved without liquidation

Technic Projects Constructions Private Limited

Corporate insolvency — dissolved by the NCLT without liquidation · source: NCLT order, 19 Sep 2022

Sector Construction & Infrastructure Bench NCLT Mumbai

Case record

at a glance

Admitted by the Mumbai bench on a petition by an operational creditor. Current status: Dissolved without liquidation.

Admission to dissolution
9 mo
This case
NCLT Mumbai median · 1 yr 3 mo
All India median · 1 yr 1 mo
Medians: time from admission to a liquidation order, over closed cases (n = 812 / 3,073). Pre-packs left out.
The company
Private limited company in Construction & Infrastructure, registered in Maharashtra
Admitted claims
Under ₹10 Cr
Where the process stands
Admitted→Dissolved without liquidation
How cases like this ended
Construction & Infrastructure · 779 closed
Resolved 25% · Liquidation 34% · Withdrawn or closed 41%
NCLT Mumbai · 1,753 closed
Resolved 25% · Liquidation 48% · Withdrawn or closed 27%
Resolved cases in this sector: creditors' typical haircut 67.8% n=180
Liquidations in this sector: typical recovery 0.3% of claims n=43
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8 sections of this case are locked.

Admitted claims & creditor classesRecovery & distributionCommittee of creditorsCompany & MCA recordTimeline & key dates · 2 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note
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