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Sector

Chemicals & Plastics · page 2

Chemicals & Plastics accounts for 134 insolvency cases on record since 2017. Of the concluded cases, 64 ended in an approved resolution plan and 42 in liquidation — a liquidation rate of 39.6%. 28 remain under CIRP today. Cases here take a median 572 days from admission to outcome against a national median of 508 days (n=70).

Total134on record
Resolved64plan approved
Liquidated42order passed
Under CIRP28running now
Median haircut74.8% national 76.2% · n=59

Figures, haircuts and benchmarks open on each case page. This index is the public record; the interpretation is the product.

CompanyStatusSectorNCLT bench Resolution professionalAdmittedOutcome
Aditya Polymers and Chemicals (India) Pvt. Ltd. Liquidation Order Chemicals & Plastics Mumbai Krishna Chamadia 20 Jan 2021 20 Jan 2021
Vardhman Chemtech Limited Resolution Plan Approved Chemicals & Plastics Chandigarh Hemanshu Jetley 25 Sep 2018 12 Jan 2021
Kalpyog Chemicals Private Limited Liquidation Order Chemicals & Plastics Mumbai Sreekumar Radhakrishnan Nair 21 Sep 2020 21 Sep 2020
Technovaa Plastic Industries Private Limited Resolution Plan Approved Chemicals & Plastics Ahmedabad Narayan Gajanan Vidvans 26 Oct 2018 04 Sep 2020
Gopala Polyplast Limited Resolution Plan Approved Chemicals & Plastics Ahmedabad Vikash Gautamchand Jain 02 May 2019 07 Aug 2020
MCCL Petrochem Limited Liquidation Order Chemicals & Plastics New Delhi Pankaj Khetan 07 Aug 2020 07 Aug 2020
Unnati Fortune Industries Private Limited Resolution Plan Approved Chemicals & Plastics New Delhi (Principal Bench) Pradip Kumar Mittal 11 Jun 2019 01 Jul 2020
Tirupati Balaji Polymers Private Limited Liquidation Order Chemicals & Plastics Ahmedabad Kashyap Ashwinbhai Shah 16 Jun 2020 16 Jun 2020
Govind Rubber Limited Resolution Plan Approved Chemicals & Plastics Mumbai Prakash Dattatraya Naringrekar 18 Jan 2018 31 Jan 2020
Global Syntex (Bhilwara) Limited Liquidation Order Chemicals & Plastics Jaipur Prashant Agrawal 24 Jan 2020 24 Jan 2020
Hwashin Industries Private Limited Resolution Plan Approved Chemicals & Plastics Allahabad Devendra Singh 10 Jan 2019 22 Jan 2020
Noble Explochem Limited Resolution Plan Approved Chemicals & Plastics Mumbai Manoj Sehgal 14 Jan 2019 22 Jan 2020
Acaricide India Private Limited Liquidation Order Chemicals & Plastics Hyderabad Madasa Kumar 21 Jan 2020 21 Jan 2020
Eterna Life Sciences Private Limited Liquidation Order Chemicals & Plastics Hyderabad Kalvakolanu Murali Krishna Prasad 26 Nov 2019 26 Nov 2019
Nagarjuna Oil Refinery Limited Liquidation Order Chemicals & Plastics Hyderabad Kranthi Kumar Kedari 26 Nov 2019 26 Nov 2019
Viz Infra Consultants Private Limited Resolution Plan Approved Chemicals & Plastics Mumbai Raghu Babu Gunturu 28 Aug 2018 21 Nov 2019
Maruti Koatsu Cylinders Limited Resolution Plan Approved Chemicals & Plastics Ahmedabad Mangesh Vitthal Kekre 26 Apr 2018 22 Oct 2019
Dinesh Polytubes Private Limited Resolution Plan Approved Chemicals & Plastics Chandigarh Jalesh Kumar Grover 11 Dec 2017 12 Jul 2019
Orchid Pharma Ltd. Resolution Plan Approved Chemicals & Plastics Chennai Sripatham Venkatasubramainan Ramkumar 17 Aug 2017 27 Jun 2019
Arion Cement Manufacturing Private Limited Liquidation Order Chemicals & Plastics Kolkata Kanchan Dutta 24 Jun 2019 24 Jun 2019
Yes Power & Infrastructure Limited Liquidation Order Chemicals & Plastics Mumbai Snehal A. Kamdar 10 May 2019 10 May 2019
Shivam Fragrances Pvt. Ltd. Resolution Plan Approved Chemicals & Plastics New Delhi Arunava Sikdar 11 Jun 2018 08 May 2019
Aryavart Chemicals Pvt Ltd Resolution Plan Approved Chemicals & Plastics Mumbai Jitendrakumar Rambaran Yadav 19 Mar 2018 15 Apr 2019
Interlink Petroleum Limited Liquidation Order Chemicals & Plastics New Delhi Atul Mittal 01 Apr 2019 01 Apr 2019
Sonachi Industries Limited Liquidation Order Chemicals & Plastics Mumbai Kshitiz Gupta 28 Feb 2019 28 Feb 2019
Polychroic Petrochemicals Private Ltd Liquidation Order Chemicals & Plastics Mumbai Avil Menezes 20 Feb 2019 20 Feb 2019
Merchem Ltd. Resolution Plan Approved Chemicals & Plastics Chennai C. Ramasubramaniam 15 Jan 2018 23 Jan 2019
Ispat Energy Limited Liquidation Order Chemicals & Plastics Mumbai Jayesh 14 Nov 2018 14 Nov 2018
Meridian Extrusions Private Limited Liquidation Order Chemicals & Plastics Ahmedabad Pinakin Surendra Shah 15 Oct 2018 15 Oct 2018
Bluplast Industries Limited Liquidation Order Chemicals & Plastics Mumbai Vishal Bidawatjika 10 Aug 2018 10 Aug 2018
Mohan Aromatics Pvt. Ltd. Resolution Plan Approved Chemicals & Plastics Mumbai Jitesh Gupta 18 Oct 2017 25 Jul 2018
Shree Coke Manufacturing Company Private Limited Liquidation Order Chemicals & Plastics Kolkata Anil Agarwal 20 Jul 2018 20 Jul 2018
Datre Corporation Ltd. Resolution Plan Approved Chemicals & Plastics Kolkata Rakesh Kumar Agarwal 20 Sep 2017 22 Jun 2018
Wig Associates Pvt. Ltd. Resolution Plan Approved Chemicals & Plastics Mumbai Martin S.K. Golla 24 Aug 2017 04 Jun 2018
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Sourced exclusively from public record — IBBI publications and announcements, NCLT and NCLAT orders. Every figure stored verbatim; a blank means not yet filed, never zero. Data as of 2026-08-05. Read the methodology · Browse A–Z · by sector · by bench · bench duration intelligence.