Intelligence / The verdicts / Pre-pack insolvency
Every pre-packaged insolvency since April 2021, against the 120-day clock the law sets.
5 of the 15 NCLT benches have seen a pre-pack 5 of the 17 are listed companies 5 invited competing plans · 6 rounds in all
§ The petition
● At the registry
MCA snapshot as on 12 Jun 2026
§ The petition
● At the registry
MCA snapshot as on 12 Jun 2026
§ The petition
● At the registry
MCA snapshot as on 12 Jun 2026
§ The petition
● At the registry
MCA snapshot as on 12 Jun 2026
§ The petition
● At the registry
MCA snapshot as on 12 Jun 2026
§ The petition
● At the registry
MCA snapshot as on 12 Jun 2026
Members11 more pre-packs, each with its clock, order trail, invitation and professional — on Pipeline and the Full Investor Desk.See plans →Sign in
ordinary CIRPs admitted in the same window — one pre-pack for every 266
ordinary CIRPs were admitted over the same window — IBBI's cumulative count of 9,166 at 30 Jun 2026 less 4,376 at 31 Mar 2021. One pre-pack for every 266 ordinary admissions.
Adoption, quarter by quarter · IBBI's cumulative series
About 0.9 a quarter, nationwide. On IBBI's own reading 11 have reached an approved plan and 6 are live. The near-flat line is the finding, and it is IBBI's figure, not ours: a route built for the MSME promoter who wants to keep the company, in a market that admits roughly 300 ordinary CIRPs a quarter.
the 120-day clock — what the median approved pre-pack took
the clock s.54D(1) gives it — what the median approved pre-pack actually took, against the deadline the section sets. Fastest 125 days, slowest 721. The median itself is in the tiles above.
The same question, asked of the ordinary route
Faster than the ordinary route by a wide margin, and still far outside the clock it was written to keep. With ten dated cases this is a direction, not a benchmark. Every case's own clock is on its row below.
pre-packs on this page with orders, dates and professional
pre-packs are on this page with their orders, their dates and their professional. Where the seventeen stand today:
No plan economics appear here: IBBI does not publish claims, liquidation value or realisation for s.54A cases the way it does for ordinary CIRP, so a haircut column would be an invention. Everything else a case page carries — the orders, the professional, the registry — is on the row.
IBBI counts eleven approved pre-packs; this page counts ten — Sudal Industries' approval was set aside by the NCLAT on 22 Jul 2024, and the order is on its row above.
As of IBBI figures to 30 Jun 2026 · NCLT/NCLAT orders to 8 Oct 2026 · MCA as on 12 Jun 2026.