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Home/ Cases/ Construction & Infrastructure/ Waterfront Buildcon LLP
● Under CIRP

Waterfront Buildcon LLP

Corporate insolvency resolution — proceedings ongoing · source: IBBI register

Sector Construction & Infrastructure Bench NCLT Mumbai Last process activity 2.1 years ago · Form G EoI deadline

Claims — past the ninety-day period. The ninety days from admission that regulation 12 allows ended 2.5 years ago. A claim filed now must state its reasons for the delay, and it is for the resolution professional to accept or reject it. How claims are filed →

Case record

at a glance

Admitted by the Mumbai bench. Current status: Under CIRP.

In the insolvency process for
2 yr 9 mo
This case
NCLT Mumbai median · 1 yr 6 mo
All India median · 1 yr 3 mo
Medians: time from admission to a plan or a liquidation order, over closed cases (n = 1,244 / 4,604). Pre-packs left out.
The company
Limited liability partnership in Construction & Infrastructure, registered in Maharashtra
Admitted claims
₹10–100 Cr
Where the process stands
Admitted→Claims collected→Expression of Interest invited→Resolution plan or liquidation
How cases like this ended
Construction & Infrastructure · 719 closed
Resolved 27% · Liquidation 37% · Withdrawn or closed 36%
NCLT Mumbai · 1,672 closed
Resolved 26% · Liquidation 50% · Withdrawn or closed 24%
Resolved cases in this sector: creditors' typical haircut 68.2% n=171
Liquidations in this sector: typical recovery 0.3% of claims n=43
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Admitted claims & creditor classesCommittee of creditorsCompany & MCA recordTimeline & key dates · 2 tribunal ordersProfessionalsIntelligence note
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