Wadhawan Global Hotels And Resorts Private Limited

Corporate insolvency — dissolved by the NCLT without liquidation · source: NCLT order, 23 Sep 2024

Sector Hospitality & Leisure 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

1 yr 6 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 Hospitality & Leisure, registered in Maharashtra

Admitted claims

₹10–100 Cr

Where the process stands

Admitted→Dissolved without liquidation

How cases like this ended

Hospitality & Leisure · 71 closed

Resolved 61% · Liquidation 23% · Withdrawn or closed 17%

NCLT Mumbai · 1,753 closed

Resolved 25% · Liquidation 48% · Withdrawn or closed 27%

Resolved cases in this sector: creditors' typical haircut 69.3% n=41

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7 sections of this case are locked.

Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 4 tribunal ordersProfessionalsBenchmarks against this caseIntelligence note

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