Steel & Metals accounts for 304 insolvency cases on record since 2017. Of the concluded cases, 161 ended in an approved resolution plan and 81 in liquidation — a liquidation rate of 33.5%. 61 remain under CIRP today. Cases here take a median 566 days from admission to outcome against a national median of 508 days (n=171).
Figures, haircuts and benchmarks open on each case page. This index is the public record; the interpretation is the product.
| Company | Status | Sector | NCLT bench | Resolution professional | Admitted | Outcome |
|---|---|---|---|---|---|---|
| Basai Steels and Power Pvt. Ltd. | Resolution Plan Approved | Steel & Metals | Hyderabad | Hemant Sharma | 19 Jul 2017 | 13 Apr 2018 |
| Divya Jyoti Sponge Iron Pvt. Ltd. | Resolution Plan Approved | Steel & Metals | Kolkata | Arun Kumar Gupta | 23 Aug 2017 | 13 Mar 2018 |
| New-Tech Fittings Pvt. Ltd. | Liquidation Order | Steel & Metals | Ahmedabad | Ramubhai Patel | 26 May 2017 | 18 Dec 2017 |
| Prowess International Pvt. Ltd. | Resolution Plan Approved | Steel & Metals | Kolkata | Arun Kumar Gupta | 20 Apr 2017 | 17 Oct 2017 |
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.